Luxembourg fund recovers €1.3 million from “bankruptcy remote” Lehman company

Tom Rhys Davies

06 April 2016

Samuel Beckett Bridge in Dublin (Credit: iStockphoto.com/MlennyPhotography)

A Luxembourg investment company has been allowed to redeem €1.3 million from a “bankruptcy remote” orphaned entity incorporated by Lehman Brothers in Ireland, after a decision by the England and Wales High Court.

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Tom Rhys Davies

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Luxembourg fund recovers €1.3 million from “bankruptcy remote” Lehman company

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Tom Rhys Davies