Linklaters advises on deal to return assets to Lehman clients

Linklaters has advised administrators PwC on a claim resolution agreement (CRA), an arrangement for the return of assets to clients, which is now unconditional after receiving the support of 90 per cent of Lehman Brother’s former clients. A multi-disciplinary team led by banking partner David Ereira worked on the CRA, under which PwC expects to return more than $11bn worth of assets. The team also included capital markets partners Michael Voisin and Pauline Ashall, financial regulation partner Stephen Fletcher, tax partner Mark Kingstone and litigation partner Nick Porter.

Linklaters advises on deal to return assets to Lehman clients thelawyer.com Wed, Jan 6, 2010