'Tis Better to Seek Approval than Beg for Forgiveness: A Further Lehman Report

Lubben, Stephen; Bowles, Chip

Abstract

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'Tis Better to Seek Approval than Beg for Forgiveness: A Further Lehman Report

Greenebaum Doll & McDonald PLLC

February 21, 2011

ABI Journal, February 22, 2011
Seton Hall Public Law Research Paper No. 1766083

Abstract:
In this paper, we examine the ways in which two large financial institutions were exposed to large legal expenses and potential litigation losses because of their failure to obtain court approval before taking action in the Lehman chapter 11 case.

Number of Pages in PDF File: 4

Keywords: Lehman, financial institutions, chapter 11, bankruptcy, DIP

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Date posted: February 22, 2011

Suggested Citation

Lubben, Stephen J. and Bowles, Chip, 'Tis Better to Seek Approval than Beg for Forgiveness: A Further Lehman Report (February 21, 2011). ABI Journal, February 22, 2011; Seton Hall Public Law Research Paper No. 1766083. Available at SSRN: http://ssrn.com/abstract=1766083

Contact Information

Stephen J. Lubben (Contact Author) Seton Hall University - School of Law ( email ) One Newark Center Newark, NJ 07102-5210 United States 973-642-8857 (Phone)
Chip Bowles Greenebaum Doll & McDonald PLLC ( email ) 3500 National City Tower 101 South Fifth Street Louisville, KY 40202-3103 United States (502) 587-3746 (Phone) (502) 540-2274 (Fax)

Abstract

'Tis Better to Seek Approval than Beg for Forgiveness: A Further Lehman Report

Stephen J. Lubben

Chip Bowles

Date posted: February 22, 2011

Suggested Citation

Contact Information

Stephen J. Lubben (Contact Author)

Chip Bowles