Update - Waterfall Application - Subordinated debt and other Affiliate relationship issues - Impending Judgment - 11 May 2017

Today, the UK Supreme Court updated their Future Judgments website page to announce that the Supreme Court’s judgment in the Waterfall I Application will be handed down at a hearing on Wednesday 17 May 2017 at 09:45. The hearing will be streamed on Supreme Court Live.  

Lord Neuberger, Lord Kerr and Lord Sumption will read out their Statement of Conclusions, and these and the full judgment will then be made available on the Supreme Court's website.    

The Statement of Conclusions and full judgment will also be posted on the LBIE Website following the hand down.    

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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