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English court resists Lehman Australia's "siren call" to fix currency error

By Declan Bush

29 October 2018

The England and Wales High Court has stopped Lehman Brothers Australia (LBA) from increasing the amount of a claim its European cousin paid it by mistake, since doing so could “open the floodgates” to other creditor challenges.

English court resists Lehman Australia's "siren call" to fix currency error Credit: iStock.com/jjshaw14