Lehman Court Holds SIPA Liquidation Date to Be Used for Valuation of SIPA Claims | Practical Law

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.

Lehman Court Holds SIPA Liquidation Date to Be Used for Valuation of SIPA Claims

Practical Law Legal Update 1-502-4415 (Approx. 3 pages)

Lehman Court Holds SIPA Liquidation Date to Be Used for Valuation of SIPA Claims

by PLC Finance and Practical Law Bankruptcy & Restructuring
Published on 02 Jun 2010USA (National/Federal)
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.