Lawsuit Against Lehman Brothers Moved to Federal Court
- Plain Language Reigns Supreme in Claim Subordination Litigation. CORBI, RICHARD J. // ABI Journal;Jun2014, Vol. 33 Issue 6, p26
The article discusses the decision of the U.S. Bankruptcy Court for the Southern District of New York, Judge James M. Peck regarding the case of global financial services firm Lehman Brothers Inc. It states the plain language of Â§ 510 of the Bankruptcy Code and subordinated the claims of...
- Mortgage holder pays $100,000 in back taxes on college... Prenon, Mary T. // Westchester County Business Journal;12/18/95, Vol. 34 Issue 51, p7
Reports that after mortgage holder for the former Kings College campus property paid back taxes to the town of Ossining, the town has backed away from an earlier threat to foreclose. Details outlined; Lehman Brothers, mortgage holder; $100,000 reimbursement.
- Lehman named in lawsuit. Philip, Christine // Pensions & Investments;9/20/1993, Vol. 21 Issue 19, p40
Reports on the suit filed in the British High Court by liquidators alleging that officers in Lehman Brothers International were involved in questionable stock lending deals with tycoon Robert Maxwell. Battle for pension fund assets allegedly misused by Maxwell in his Maxwell Pension Schemes;...
- Lehman to settle. Harrington, John // Crain's New York Business;12/6/93, Vol. 9 Issue 49, p42
Reports on the payment of $30 million by the Lehman Brothers Inc. to settle a class action lawsuit originating from a failed real estate partnership in 1982. Settlement terms for the reimbursement of the investors; Selling of the limited partnerships.
- Life's Too Short? Berry, Kate; Ulam, Alex // American Banker;3/17/2011, Vol. 176 Issue 42, p11
The article examines a civil complaint filed by the bankrupt investment bank Lehman Bros. against the public relations firm Bullet Communications, focusing on an estimate that lawyers' fees for both sides will likely be higher than the $206,000 claim made by Lehman Bros.
- Courts Back Finance Systems in Okla., Fla. Mirga, Tom // Education Week;12/9/1987, Vol. 7 Issue 14, p11
The article reports on the ruling by the Oklahoma Supreme Court and a Florida trial court on a lawsuit filed against those states' school-finance systems. The courts have rejected the lawsuits alleging that those states' school-finance systems violate the rights of children residing in areas...
- Squabble in Alabama Stalls Compensation In Wake of BP Spill. Klein, Alyson // Education Week;9/29/2010, Vol. 30 Issue 5, p16
The article discusses budget issues for school systems in the state of Alabama due to legal action between the state of Alabama and petroleum company BP. The article mentions the role that Alabama governor Bob Riley and attorney general Troy King play in regards to money owed to Alabama by BP...
- Pennsylvania School Districts File Suit Against Lehman. Higginbotham, Stacey // Bond Buyer;01/26/2001, Vol. 335 Issue 31065, p3
Reports on the class action lawsuit filed by a group of Pennsylvanian school districts against investment bank Lehman Brothers. Accusations against the investment bank; Factor driving the school districts to file the suit; Hopes of recovering costs with the lawsuit.
- ProNet, Lehman lawsuit is settled. Bruno, Antony // RCR;07/07/97, Vol. 16 Issue 27, p8
Reports that a lawsuit against ProNet Incorporated by Lehman Brothers Incorporated, was settled in a New York Supreme Court. Terms of settlement; Circumstances surrounding the trial; Comments from Marilyn Pippin, ProNet's public relations spokeswoman.