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Legal News

: Current Awareness

Lehman Brothers International (Europe) (in administration) v CRC Credit Fund Ltd and others ? WLR Daily

By sally

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Lehman Brothers International (Europe) (in administration) v CRC Credit Fund Ltd and others [2009] EWHC 3228 (Ch); [2009] WLR (D) 371 “The statutory trust created by Chap 7 of the Clients Assets Sourcebook (‘CASS 7′) issued by the Financial Services Authority (‘FSA’) took effect upon the receipt, rather than upon the segregation, of client money. Pending [...]

Full post as published by Current Awareness on December 18, 2009 (boomark / email).

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