Standard & Poor's (Lehman)

The claim relates to investments in collateralised debt obligations rated by Standard & Poor's and distributed by Lehman Brothers Australia Ltd (in liquidation).

Current Stage of Case

Proceedings commenced on 17 April 2013. Pre-trial steps being completed. Provisionally listed for hearing in October 2015. Proceedings listed for hearing in the Federal Court in August 2016.

Proceedings

Court: Federal Court of Australia
Plaintiff/Applicant: 90 local councils, churches and charities (the Investors)
Defendant/Respondent: McGraw-Hill Companies, Inc

Contact Details

Omni Bridgeway Client Liaison Team
1800 016 464
[email protected]