Editor’s Note: 180787_86_opinion Lehman My reading of this report is that the underlying principle of the ADDITION of conditions and co-obligors changed the homeowner’s note from being negotiable to non-negotiable. This decision doesn’t say that but the underlying reasoning leads me to believe that we are on the precipice of a paradigm shift in the way […]

Tags: bankruptcy, CDO, constructive trust, counterparty, credit default swaps, Dante, derivative, Diana Golobay, Judge James Peck, Lehman, Lehman Brothers Holding, Lehman Brothers Special Financing, negotiable instrument, Obligation, securitization, subordination
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