Supreme Court to hear Lehman Brothers Europe case

Court to decide which clients can access the ring-fenced cash

A Lehman Brothers Europe case that centres on the right of the bank's clients to access billions in ring-fenced money will be heard by the UK Supreme Court, a court spokesman said on Wednesday.

One of Lehman Brothers International Europe's clients, GLG Investments, was given permission to appeal aspects of a previous Court of Appeal judgement, according to the order released to parties on Tuesday. Another request to appeal an aspect of the judgement, from Lehman Brothers, was refused.

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