Pursuant to the Order of Mr Justice David Richards dated 23 June 2015, made in respect of GSI’s application to be joined as a respondent with respect to Issues 11 to 14 and 27 of the amended Application (a copy of which can be found here) (the “Default Rate Issues”), GSI filed a position paper on the Default Rate Issues dated 23 July 2015.
A copy of GSI's position paper can be found here.
Should you have any queries regarding this update, please contact LBIE’s Communications and Counterparty Management team at generalqueries@lbia-eu.com.
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Lehman Brothers filed for bankruptcy in the US courts on 15 September 2008. PwC were appointed as administrators, on the largest insolvency in history.
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