Flip-clause Claims Against Ballyrock Upheld by Lehman Court | Practical Law
https://content.next.westlaw.com/practical-law/document/Ibb0a111def0511e28578f7ccc38dcbee/Flip-clause-Claims-Against-Ballyrock-Upheld-by-Lehman-Court?viewType=FullText&transitionType=Default&contextData=(sc.Default)
An update on a Lehman Bankruptcy Court decision denying defendant Ballyrock's motion to dismiss Lehman's claims that a provision in a CDO-related swap agreement operates as a prohibited ipso facto flip clause.
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Flip-clause Claims Against Ballyrock Upheld by Lehman Court
Practical Law Legal Update 1-506-1163
(Approx. 6 pages)
Flip-clause Claims Against Ballyrock Upheld by Lehman Court
by PLC Finance and Practical Law Bankruptcy & Restructuring
Related Content
Published on 19 May 2011
•
USA (National/Federal)
An update on a Lehman Bankruptcy Court decision denying defendant Ballyrock's motion to dismiss Lehman's claims that a provision in a CDO-related swap agreement operates as a prohibited
ipso facto
flip clause.