A matter of trust


Call up any law firm worth its salt in London or New York, and the chances are it will be involved in some way with the fallout from the collapse of Lehman Brothers. The largest corporate bankruptcy in history has thrown up its fair share of legal challenges over the past year, from disputes over collateral held by special-purpose vehicles arranged by Lehman Brothers (Risk September 2009, pages 38–41), to allegations of mis-selling aimed at the failed broker-dealer. All the while, administrators

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