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12 San Diego Int'l L.J. 463 (2010-2011)
A Test Case in International Bankruptcy Protocols: The Lehman Brothers Insolvency

handle is hein.journals/sdintl12 and id is 467 raw text is: A Test Case in International Bankruptcy
Protocols: The Lehman
Brothers Insolvency
JAMIE ALTMAN*
TABLE OF CONTENTS
1.    INTRODUCTION.........................................................464
II.    FROM TERRITORIALISM TO UNIVERSALISM: A SPECTRUM ....................469
A.   Territorialism......................     ...................470
B.   Universalism.........................................471
C.  Modified Universalism..................................
III.   STATUTORY SOLUTIONS TO INTERNATIONAL INSOLVENCY
PROBLEMS.........................    ....................................476
A.   The UNCITRAL Model Law.................      ..............476
B.   Cross-Border Insolvency Concordat.............. ...........477
IV.    THE LEHMAN PROTOCOL..........................................478
A.   The Lehman Protocol's Aims..................   ............480
1. Coordination..........................   ................480
2. Communication....................................480
3. Information Sharing....................    .............480
4. Asset Preservation..................................481
5. Claims Reconciliation................................481
6. Maximize Recovery..................................481
7. Comity........................         ...................481
B.  Notice Provisions...................................... 481
C.  Rights of Official Representatives and Creditors to Appear.................. 483
D.   Communication and Access to Data and Information....................... 483
* J.D. Candidate 2011, University of San Diego School of Law. I would like to
thank Professor Mary Jo Wiggins, Katherine Kruis, and the current editorial board of the
San Diego International Law Journal for their support and suggestions while writing this
article.
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