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Revisiting the scope of a scheme of arrangement: insights derived from Lehman

journal contribution
posted on 2023-06-08, 14:19 authored by Shuangge Wen, Jingchen Zhao
Discusses the implications of the Court of Appeal judgment in Re Lehman Brothers International (Europe) (In Administration) on whether the court had jurisdiction to approve a scheme of arrangement under the Companies Act 2006 s.895, designed to expedite the administration process, which extended to the release of rights over property held on trust on behalf of clients. Considers whether it was more in the public interest to approve or reject the scheme. Comments on the decision to use a claim resolution agreement as an alternative to the scheme

History

Publication status

  • Published

Journal

Banker's Law

ISSN

1748-3662

Publisher

Guthrum House Limited

Issue

3

Volume

3

Page range

20-27

Department affiliated with

  • Law Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2013-02-04

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