Standard & Poor's (Lehman)

The claim relates to investments in collateralised debt obligations rated by Standard & Poor's and distributed by Lehman Brothers Australia Ltd (in liquidation).

Current stage of case

Proceedings commenced on 17 April 2013.  Pre-trial steps being completed.  Provisionally listed for hearing in October 2015. Proceedings listed for hearing in the Federal Court in August 2016.

Proceedings

Court
Federal Court of Australia
Plaintiff/Applicant
90 local councils, churches and charities (the Investors)
Defendant/Respondent
McGraw-Hill Companies, Inc

Investment Manager

Susanna Khouri

Contact Details

IMF Client Liaison Team
1800 016 464
[email protected]