US decision in Perpetual case creates a cross-border conflict | Practical Law

US decision in Perpetual case creates a cross-border conflict | Practical Law

An update on the decision of the US Bankruptcy Court for the Southern District of New York in Lehman Brothers Special Financing Inc. v. BNY Corporate Trustee Services Ltd., Case No. 08-13555 (Bankr. S.D.N.Y. January 25, 2010), in which the court declined to follow the decisions of the English courts in parallel proceedings.

US decision in Perpetual case creates a cross-border conflict

Practical Law UK Legal Update Case Report 1-501-3756 (Approx. 5 pages)

US decision in Perpetual case creates a cross-border conflict

by PLC Finance (with comment from Steven Pearson, joint administrator of Lehman Brothers International (Europe)) (in administration))
Published on 01 Feb 2010 • England, USA (National/Federal), Wales
An update on the decision of the US Bankruptcy Court for the Southern District of New York in Lehman Brothers Special Financing Inc. v. BNY Corporate Trustee Services Ltd., Case No. 08-13555 (Bankr. S.D.N.Y. January 25, 2010), in which the court declined to follow the decisions of the English courts in parallel proceedings.