Supreme Court upholds CoA Lehman ruling using 200-year-old insolvency law
A seven-strong panel of Supreme Court justices has dismissed an attempt by the trustees of Lehman Brothers to recoup £61m from noteholders, by upholding an insolvency law principle that has existed for 200 years. In a unanimous judgment led by Lord Collins of Mapesbury, the court said the anti-deprivation rule – first laid out in […]