Court Backs Mediation For Lehman Contracts
The U.S. Bankruptcy Court for the Southern District of New York today agreed in principle to the concept of non-binding mediation between Lehman Brothers and counterparties on its in-the-money derivatives. A formal order was adjourned to Sept. 15, the next omnibus hearing date.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts