UK ruling could dilute Lehman payouts

Author: | Published: 5 Aug 2010

A UK ruling could mean that payouts to some Lehman Brothers investors will be diluted, and established administration plans thrown into doubt.

The UK Court of Appeal ruled this week that investors with non-ringfenced assets could make claims against the main cash pool.

On Monday, the court overturned Justice Briggs’s December decision, which split claimants into those whose...