Update – Waterfall Application – Subordinated debt and other Affiliate relationship issues – Supreme Court Judgment – 17 May 2017
Today, the UK Supreme Court handed down its judgment in the Waterfall I Application and published a statement of its conclusions.
A copy of the judgment can be found here and a copy of the statement of conclusions can be found here.
Lord Neuberger, Lord Kerr and Lord Sumption read out their Statement of Conclusions this morning and a copy of the recording can be found here.
Should you have any queries regarding this update, please contact LBIE’s Communications and Counterparty Management team at generalqueries@lbia-eu.com.
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