Eurozone crisis – exit from the euro, the "growth pact", eurobonds and other EU financial crisis measures: a legal Q&A *

European Union - May 30 2012
Over the past few weeks, there has been increasing talk of the possibility of Greece leaving the euro.

Co-authors: Kyriakos Fountoukakos, Lode Van den Hende, Dorothy Livingston, Kevin Pullen, Alexander Currie.

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The Lehman client money judgment: Supreme Court upholds Court of Appeal decision *

United Kingdom - March 1 2012
The Supreme Court handed down its judgment in relation to the client money application in the matter of Lehman Brothers International (Europe) (LBIE).

Co-authors: Martyn Hopper, Karen Anderson, Sarah Thomas, Patricia Horton.

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Court of Appeal upholds pension expense ruling *

United Kingdom - October 17 2011
As reported in our August e-alert, between 26 and 29 July 2011 the Court of Appeal heard the joint appeal by the administrators of certain companies in the Nortel and Lehman estates of the decision of Mr Justice Briggs regarding the status of any financial support direction (FSD) or contribution notice (CN) issued to the companies in administration or any subsequent liquidation.

Co-authors: Roderick Morton, Kevin Pullen, Gawain Moore.

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Treasury consultation on a Special Administration Regime for investment banks *

United Kingdom - November 23 2010
On 16 September 2010 the UK Treasury published a consultation paper seeking views on its proposals for a new Special Administration Regime (SAR) for investment firms.

Co-authors: Laurence Elliott, Patrick Buckingham.

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A breathing space for distressed companies: proposals for a statutory restructuring moratorium *

United Kingdom - August 26 2010
The Insolvency Service recently opened a consultation (the "Consultation") on its proposals for a restructuring moratorium.

Co-authors: Laurence Elliott, Kevin Pullen, Simon Chadney.

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