Lehman Brothers Financial SA (LEHNQ)

[GreatFinancialCosplay08]

On LBIE v AGFP now that it's gone as far as possible in the corrupt Judge Renwick's Court of Appeals in NY state:

"Decisions by the court can be appealed to the Supreme Court of the United States but only in cases containing a point of federal or consitutional law."

Interesting. I wonder how Rossman can do this. I am no lawyer but there's gotta be a way so people can't just walk away from the ISDA agreed procedures when it is time to value the position of the CDS purchasing party when a payout is triggered.

🫨

Now I'm sure Quinn Emmanuel being the #1 firm in the land and the win at all costs firm we need to fix this hugely problematic ruling on ISDA Master Agreement and treatment regarding sale of CDS etc has a way to be discussed in some matter and ruled on by SCOTUS. I was lazy and used Copilot. It sounds like a reach, but actually makes a little sense if you read about it.

Godspeed LBIE v AGFP and Andrew Rossman, head of NY office of Quinn Emmanuel and our savior who has been with LBHI and on this case since 2008 and 2011 respectively. I think good things will happen:

Copilot AI lazy Q and A Transcript:

Yes, cases involving the ISDA (International Swaps and Derivatives Association) Master Agreement can be brought before the Supreme Court of the United States. However, it’s important to note that the Supreme Court typically hears cases that have significant legal implications or where there is a need to resolve differences in the interpretation of the law by lower courts.

For example, the Supreme Court has heard cases related to the Indian Self-Determination and Education Assistance Act (ISDA), which involves contracts and agreements similar to those governed by the ISDA Master Agreement12.

If you have a specific case in mind or need more detailed information, feel free to ask!

Learn more

1

supreme.justia.com
2

supremecourt.gov
3

casemine.com
4

supremecourt.gov

Sent by you:
How is the Indian Self-Determination and Education Assistance Act like an ISDA Master Agreement?

Sent by Copilot:
The Indian Self-Determination and Education Assistance Act (ISDEAA) and the ISDA Master Agreement are quite different in their purposes and applications, but they share some similarities in terms of their contractual nature and the way they facilitate agreements between parties.

Similarities:

1. Contractual Framework:

Both the ISDEAA and the ISDA Master Agreement establish a contractual framework for the parties involved. The ISDEAA allows Indian tribes to enter into contracts with the federal government to manage and administer programs that would otherwise be handled by federal agencies1. Similarly, the ISDA Master Agreement provides a standardized contract for parties engaging in derivatives transactions2.

2. Flexibility and Customization:

Both agreements offer flexibility and customization. Under the ISDEAA, tribes can negotiate the terms of their contracts to better suit their needs and circumstances1. The ISDA Master Agreement also allows parties to customize the terms of their derivatives transactions to fit their specific requirements2.

Differences:

1. Purpose and Scope:
The ISDEAA is focused on promoting self-determination and self-governance for Indian tribes by allowing them to manage federal programs and services1. In contrast, the ISDA Master Agreement is used in the financial industry to standardize and manage derivatives transactions2.

2. Parties Involved:
The ISDEAA involves agreements between Indian tribes and the federal government1. The ISDA Master Agreement, on the other hand, is used by financial institutions, corporations, and other entities engaging in derivatives trading2.

3. Legal and Regulatory Context:
The ISDEAA operates within the context of federal laws and policies aimed at supporting tribal self-governance1. The ISDA Master Agreement is governed by financial regulations and laws that oversee derivatives markets2.

Guess we got a shot. Clarence and Kavanaugh lets expedite this I'm sure Rossman isn't done. He played chest for 13+ years on this and got every bit of the way - BY THE BOOK - to deserve a hearing. $5T and the private sector market regulation standards that the ISDA Master Agreement(s) use are not to be walked away from this is truly unprecedented.