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ANZ Sec. Inc. v. Giddens (In re Lehman Bros.)

ANZ Sec. Inc. v. Giddens (In re Lehman Bros.)

Ruling
Contribution and reimbursement claims of junior underwriters properly subordinated to claims of general unsecured creditors of lead underwriter.
Issue(s)
What was the proper priority to be assigned to claims by junior underwriters for contribution or reimbursement in the Lehman Brothers bankruptcy?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 14, 2015 , LexisNexis #0116-015