Contract

02 December 2016

Issue: 7725 / Categories: Case law , Law digest , In Court

Lehman Brothers International (Europe) (an unlimited company incorporated under the law of England and Wales) (in administration) v Exxonmobil Financial Services BV [2016] EWHC 2699 (Comm), [2016] All ER (D) 138 (Nov)

The case concerned an outstanding sale and repurchase (“repo”) transaction between Lehman Brothers International (Europe) and ExxonMobil Financial Services BV at the time of the international financial collapse of the Lehman Brothers group. The Queen’s Bench Division made a number of findings as to the construction of the termination provisions in the Global Master Repurchase Agreement (2000 version) as the repo was subject to such provisions.

If you are not a subscriber, subscribe now to read this content

If you are already a subscriber sign in

...or Register for two weeks' free access to subscriber content

Contract

If you are not a subscriber, subscribe now to read this content

If you are already a subscriber sign in

...or Register for two weeks' free access to subscriber content

SourceURL:

Links:

E-newsletter Sign-Up

MOVERS & SHAKERS

Read All

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS

Read All

NLJ this week: Redrawing boundaries for fiduciary duties and motor finance claims

Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery

NLJ this week: BBC’s open justice bid fails in care proceedings

The boundaries of media access in family law are scrutinised by Nicholas Dobson in NLJ this week

NLJ this week: Parliamentary privilege—shield or sword?

Reflecting on personal experience, Professor Graham Zellick KC, Senior Master of the Bench and former Reader of the Middle Temple, questions the unchecked power of parliamentary privilege

NLJ this week: Litigation funding must serve justice, not failure

Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses

NLJ this week: AI’s digital associates reshape legal practice

James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector

Error message

Contract

MOVERS & SHAKERS

Hugh James—Phil Edwards

Freeths—Melanie Stancliffe

DAC Beachcroft—Tim Barr