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Lomas and Others (Joint Administrators of Lehman Brothers International (Europe)) v Burlington Loan Management Ltd and Others: ChD 5 Oct 2016

The court considered the application of statutory interest pursuant to rule 2.88 of the Insolvency Rules 1986 on debts proved in the administration of Lehman Brothers International (Europe). Hildyard J [2016] EWHC 2417 (Ch) Bailii Insolvency Act 1986, Insolvency Rules 1986 2.88 England and Wales Insolvency Updated: 23 January 2022; Ref: scu.569926

Re Lehman Brothers International (Europe) and Others: ChD 14 Mar 2014

On the winding up of the company, there had unexpectedly been a surplus of assets after payment of all debts. The court was now asked to determine claims to be allowed before a distribution was made. Held: The court made declarations as follows: ‘i) The claims of LBHI2 under its subordinated loan agreements with LBIE … Continue reading Re Lehman Brothers International (Europe) and Others: ChD 14 Mar 2014