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United Kingdom

Re Lehman Brothers International (Europe) (in administration)

[2012] UKSC 6
JurisdictionUnited Kingdom
Year2012
Statusunclear

Key Principle

Client money held in a general pool under CASS rules is distributed pro rata among clients based on their entitlement at the date of the primary pooling event (the date of insolvency).

Area of Law

insolvency

Related Cases

Stubbings v Jams 2 International Pty Ltd (2022) 399 ALR 409
Stubbings v Jams 2 Pty Ltd (2022) 276 CLR 233
Badenoch Integrated Logging Pty Ltd v Bryant [2021] FCAFC 64

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