Judgment
Lehman Commercial Paper Inc v Anthracite Balanced Company (36) Limited - Judgment
FSD 0262/2010 (AJJ) · 2011-11-04
Construction of complex structured‑finance documentation; Whether Interest Advance remained payable post‑Lehman default; Operation of Clause 5.4 repayment mechanism; Recovery Fees vs Present Value of Unpaid Recovery Fees; Effect of termination of Principal Protection Agreement (ISDA Second Method and Loss); Whether ABC discharged obligations; No implied repayment obligation
Full metadata
| Cause Number | FSD 0262/2010 (AJJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Jones J |
| Parties | Lehman Commercial Paper Inc v Anthracite Balanced Company (36) Limited - Judgment |
| Judgment Date | 2011-11-04 |
| Subject | Construction of complex structured‑finance documentation; Whether Interest Advance remained payable post‑Lehman default; Operation of Clause 5.4 repayment mechanism; Recovery Fees vs Present Value of Unpaid Recovery Fees; Effect of termination of Principal Protection Agreement (ISDA Second Method and Loss); Whether ABC discharged obligations; No implied repayment obligation |
| Filename (current) | 11-11-04-Lehman-Commercial-Paper-Inc-v-Anthracite-Balanced-Company-36-Limited.pdf |
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