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Court of Appeal reverses Lehman Australia’s currency claim

By Jordan Fermanis

04 March 2020

The Court of Appeal in England and Wales has overturned a High Court decision that prevented Lehman Brothers Australia from increasing its proof of debt in the administration of its European affiliate, following a currency error that left it short-changed.

Court of Appeal reverses Lehman Australia’s currency claim The Court of Appeal for England and Wales is housed within the Royal Courts of Justice in London (Credit: shutterstock.com/Willy Barton )