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Legal and market developments in Russia - summer autumn 2012

  • Clifford Chance LLP
  • -
  • Russia
  • -
  • November 7 2012

Russia Update: Legal and market developments in Russia Summer Autumn Issue 2012 Macro Updates

The Kaupthing case playing by the rules: a Supreme Court win for bondholders in Icelandic bank administrations

  • Clifford Chance LLP
  • -
  • Iceland, United Kingdom
  • -
  • October 24 2011

On 19 October the Supreme Court handed down its judgment in the case of Re Kaupthing Singer and Friedlander Limited (in administration)2011 UKSC 48

Recognition of trusts and parallel debt structures

  • Clifford Chance LLP
  • -
  • France
  • -
  • September 27 2011

In a landmark decision dated 13 September 2011, the French Supreme Court recognises trusts and parallel debt structures in International Financings

Lehman update

  • Clifford Chance LLP
  • -
  • USA
  • -
  • December 6 2010

By order dated November 19, 2010, the United States District Court for the Southern District of New York granted a request by Lehman Brothers Special Financing Inc. ("LBSF") and the Official Committee of Unsecured Creditors in the jointly administered chapter 11 cases of Lehman Brothers Holdings Inc for a stay of the appeal by BNY Corporate Trustee Services Ltd. of the Bankruptcy Court's order in respect of the waterfall payment priorities in relation to one of the Dante note programs to allow for, among others things, documentation of a potential settlement between LBSF and Perpetual Trustee Company Limited, the noteholder ("Perpetual"