Dealing with Lehman Brothers companies in administration

The Loan Market Association and Clifford Chance have produced a useful commentary on dealing with Lehman Brothers UK companies that are in administration and governed by UK law. It provides general guidance as to how the LMA standard syndicated loan terms cater for a lender or agent in administration.

In addition The Loan Market Association and Clifford Chance have produced a useful paper on Lehman Brothers tax situations. It provides general commentary on withholding tax matters in connection with payments to Lehman.