About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

12 San Diego Int'l L.J. 463 (2010-2011)
A Test Case in International Bankruptcy Protocols: The Lehman Brothers Insolvency

handle is hein.journals/sdintl12 and id is 467 raw text is: A Test Case in International Bankruptcy
Protocols: The Lehman
Brothers Insolvency
JAMIE ALTMAN*
TABLE OF CONTENTS
1.    INTRODUCTION.........................................................464
II.    FROM TERRITORIALISM TO UNIVERSALISM: A SPECTRUM ....................469
A.   Territorialism......................     ...................470
B.   Universalism.........................................471
C.  Modified Universalism..................................
III.   STATUTORY SOLUTIONS TO INTERNATIONAL INSOLVENCY
PROBLEMS.........................    ....................................476
A.   The UNCITRAL Model Law.................      ..............476
B.   Cross-Border Insolvency Concordat.............. ...........477
IV.    THE LEHMAN PROTOCOL..........................................478
A.   The Lehman Protocol's Aims..................   ............480
1. Coordination..........................   ................480
2. Communication....................................480
3. Information Sharing....................    .............480
4. Asset Preservation..................................481
5. Claims Reconciliation................................481
6. Maximize Recovery..................................481
7. Comity........................         ...................481
B.  Notice Provisions...................................... 481
C.  Rights of Official Representatives and Creditors to Appear.................. 483
D.   Communication and Access to Data and Information....................... 483
* J.D. Candidate 2011, University of San Diego School of Law. I would like to
thank Professor Mary Jo Wiggins, Katherine Kruis, and the current editorial board of the
San Diego International Law Journal for their support and suggestions while writing this
article.
463

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most