*/
Contract – Terms of contract. The Chancery Division ruled on whether a special purpose vehicle company (ARIC) had validly calculated its loss following the automatic early termination of a put option,which had been granted to it by the first defendant, Lehman Brothers Finance SA (LBF). The early termination had been triggered following the collapse of the Lehman's Brother's group. The court held that ARIC had validly calculated its loss in accordance with the relevant provisions of an International Swaps and Derivatives Association master agreement (1992 edition) and that, accordingly, the claimant was entitled to the payment from LBF of US$61,507,902, together with interest.
Contract – Terms of contract. The Chancery Division ruled on whether a special purpose vehicle company (ARIC) had validly calculated its loss following the automatic early termination of a put option,which had been granted to it by the first defendant, Lehman Brothers Finance SA (LBF). The early termination had been triggered following the collapse of the Lehman's Brother's group. The court held that ARIC had validly calculated its loss in accordance with the relevant provisions of an International Swaps and Derivatives Association master agreement (1992 edition) and that, accordingly, the claimant was entitled to the payment from LBF of US$61,507,902, together with interest.
Making a move from the Bar to a career in governance: Maria Brookes outlines three good reasons to switch and how to do it
Inés Rivera explains how speech recognition can help barristers create accurate documentation faster
What should barristers be doing on the personal finance front ahead of the end of the tax year on 5 April? Julian Morgan of Fleet Street Wealth answers your questions
Are you ready to embark on this arduous but potentially rewarding journey? Julie Gottlieb of Sherwood PSF Consulting provides a self-examination checklist, hints and tips to help you prepare for a future application
Unlocking your aged debt to augment cash flow in one easy step… By Philip N Bristow of Vector Professions Finance
The journey from a small village in Nepal to international law professor and UN Special Rapporteur for Human Rights: Admas Habteslasie talks to Surya Subedi QC (Hon)
The Westminster Commission on Miscarriages of Justice, set up to revisit the work of the CCRC after 25 years of operation, identified serious issues that risk miscarriages of justice remaining unidentified or unremedied. By Edward Garnier QC Michelle Nelson QC
Unsparing in his criticism, the former Attorney General reflects on recent events in government and his own experience of being chief legal adviser. Interview by Anthony Inglese CB
Sports coaches will be caught by a change in the law that addresses the disparity in treatment for 16- to 17-year-olds, writes Cameron Brown QC
Ins Rivera explains how speech recognition can help barristers create accurate documentation faster
