Legal Opinion
In re Lehman Bros. Holdings Inc.
United States Bankruptcy Court, S.D. New York
Decided May 30, 2019No. Case No. 08-13555 (SCC) (Jointly Administered)PublishedCited by 6 opinions
1Opinion of the Court
SHELLEY C. CHAPMAN, UNITED STATES BANKRUPTCY JUDGE
TABLE OF CONTENTS
BACKGROUND...571
A. SRM's Relationship with LBIE...571
B. Commencement of LBHI's Chapter 11 Proceeding and LBIE's Administration Proceeding...571
C. SRM Terminates its Contracts with LBIE...571
D. The SRM Proof of Claim...572
E. The LBIE Settlement...573
F. LBHI's Objection to the SRM Proof of Claim...573
LEGAL STANDARD...574
DISCUSSION...575
A. SRM Has Failed to Establish the Existence of a Valid and Binding Guarantee...575
1. Applicable Law...575
2. SRM Waived Reliance on the Corporate Resolution in the PBA...576
3. The Terms of the PBA…
2Cases cited27 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Conley v. GibsonSupreme Court of the United States · 1957
- Chance v. ArmstrongCourt of Appeals for the Second Circuit · 1998
- Kenford Co. v. County of ErieNew York Court of Appeals · 1986
22 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Avaya Inc.United States Bankruptcy Court, S.D. New York · 2019
- BNP Paribas v. Kurt Orban Partners LLCDistrict Court, S.D. New York · 2020
- Branded Operations Holdings, Inc.United States Bankruptcy Court, S.D. New York · 2025
- Endo International plcUnited States Bankruptcy Court, S.D. New York · 2024
- In re: Oscar A. ArguetaUnited States Bankruptcy Court, S.D. New York · 2026
1 more not listed; retrieve them via the Exa API.