Katten Muchin Rosenman LLP | USA | 4 Oct 2015
A federal judge in New York - the Hon. Richard J. Sullivan - mostly granted JP Morgan Chase Bank's motion to dismiss claims brought on behalf of…
Katten Muchin Rosenman LLP | USA | 11 Oct 2011
The United States Bankruptcy Court for the Southern District of New York (the Court), has held that section 553(a) of the Bankruptcy Code prohibits a swap counterparty from setting off amounts owed to the debtor against amounts owed by the debtor to affiliates of the counterparty, notwithstanding the safe harbor provision in section 561 of the Bankruptcy Code and language in the ISDA Master......
Katten Muchin Rosenman LLP | USA | 5 Jun 2009
On May 26, Lehman Brothers Holdings Inc. (LBHI) filed a motion requesting the U.S. Bankruptcy Court for the Southern District of New York to establish August 24 as the deadline for filing proofs of claim against LBHI and its affiliates, and to establish a procedure for such filing, including a required form to be completed online relating to derivatives claims, and a new proof of claim form......