The U.K.'s top litigators are predicting a surge of litigation in the aftermath of the Lehman Brothers collapse. Law firms are already receiving calls from clients asking about their positions in the wake of Lehman's bankruptcy filing earlier this week. The impact is going beyond potential claims against Lehman, its management and advisers. Lawyers expect claims by unrelated parties like hedge funds considering their positions on funding obligations given the broader credit market turmoil.
U.K. Lawyers Forecast Litigation Rush After U.S. Bank Demise
September 19, 2008