Skip to main content

In re Lehman Bros.

In re Lehman Bros.

Ruling
Claim of creditor that was not a customer of insolvent broker dealer and did not have a valid right to payment disallowed.
Issue(s)
Was creditor a "customer" of debtor broker-dealer under the Securities Investor Protection Act that had a right of payment that would allow it to file a valid proof of claim?

ABI Membership is required to access the full summary of In re Lehman Bros. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on November 23, 2015 , LexisNexis #1215-042