Tuesday, 17 May 2011

paragraph 63 of Schedule B1 to the Insolvency Act 1986 deployed - Lehman Brothers v International (Europe), Re [2011] EWHC 1233 (Ch) (17 May 2011)

Mr Justice Briggs has handed down his judgment in Lehman Brothers v International (Europe), Re [2011] EWHC 1233 (Ch) (17 May 2011)  in the RCJ (pictured). The case concerns an application by the Administrators of LBIE for directions pursuant to paragraph 63 of Schedule B1 to the Insolvency Act 1986 (IA86) designed to enable them to identify client money and its traceable proceeds received or held by Lehman Brothers International Europe ("LBIE").

Picture Credit: http://upload.wikimedia.org/wikipedia/commons/0/0e/Royal_courts_of_justice.jpg

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