US Judge Approves Lehman-JP Morgan Deal To Slash $710 Million Claim – NASDAQ

February 15, 2012 Posted By: Leave a comment
But Peck said that was the wrong thing to do, ruling that the flip clauses violated U.S. bankruptcy law. Peck's decision on flips, which he acknowledged "may be a controversial one," upset expectations in the market for collateralized-debt ...
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