Lehman Court Holds SIPA Liquidation Date to Be Used for Valuation of SIPA Claims | Practical Law
An update on a decision by the US Bankruptcy Court for the Southern District of New York holding that the date of commencement of the Securities Investor Protection Act (SIPA) liquidation of Lehman Brothers Inc. (LBI) is the correct date to use when determining the value of LBI SIPA claims.