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Volume12
MonthMay
Year2011
TitleA Test Case in International Bankruptcy Protocols: The Lehman Brothers Insolvency
Author(s)Jamie Altman
First Page463
AbstractPart II of this Article, explains the competing theories underlying bankruptcy systems: universalism and territorialism. Part III details various statutory solutions to international bankruptcy problems. Next, Part IV analyzes the provisions of the Lehman Protocol in depth. Part V then examines the precedent upon which the Lehman Protocol relies. Part VI assesses potential threats to the Protocol?s success. This leads to Part VII, which contains suggestions for future protocols. Finally, Part VIII concludes.