Lomas and others (together the joint Administrators of Lehman Brothers International (Europe) (in administration)) v JFB Firth Rixson Inc and others  EWHC 3372 (Ch);  BPIR 795
In construing the ISDA Master Agreement, Briggs J proceeded on the basis that it should, as far as possible, be interpreted in a way that served the objectives of clarity, certainty and predictability. If it did not provide for what was to happen if a particular event occurred, the answer was that nothing was to happen.
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