Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Lehman Brothers’ European arm seeks US protection for proposed English scheme

By Jessica McKay

15 May 2018

The administrators of Lehman Brothers’ principal European trading company are seeking Chapter 15 recognition of a proposed English scheme that they hope will “swiftly” bring an end to pending litigation surrounding a surplus in the estate.

Lehman Brothers’ European arm seeks US protection for proposed English scheme New York