Australian local councils win appeal against Lehman Brothers in High Court
In Brief
In this article Australian Local Councils win appeal against Lehman Brothers in High Court, Partner Tean Kerr discusses Lehman Brothers Holdings Inc (USA) filing of a Chapter 11 bankruptcy petition in the United States of America on 14 Sept 2008. Twelve days later, on 26 Sept 2008, administrators were appointed to Lehman Australia Pty Ltd.