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

“Freefall”: A GRR Lehman special

By Douglas Thomson

15 September 2018

“Freefall”: A GRR Lehman special istock.com/ratpack223

A decade ago, on 15 September 2008, Lehman Brothers Holdings filed the biggest Chapter 11 filing in history, plunging the world into an economic vortex from which it has still not fully escaped. Douglas Thomson investigates the legacy that the collapsed bank left on cross-border insolvency law and what the next “Lehman” might look like.