Belmont Park Investments

UK Supreme Court Confirms the Validity of the ‘Flip’ Clause

In its ruling on July 27 in the matter of Belmont Park Investments PTY Ltd v BNY Corporate Trustee Services Lte & Anor [2011] UKSC 38 the Supreme Court of the United Kingdom has dismissed the appeal by Lehman Brothers Special Finance Inc. For a complete summary of the ruling, please click here.