Suit Says Banks Owe Lehman $3 Billion

September 2010
American Banker;9/16/2010, Vol. 175 Issue 143, p2
Trade Publication
The article discusses a court case wherein U.S. financial services company Lehman Brothers Holdings Inc. is suing several banks and investment firms to recover funds that were wrongly transferred to credit-default-swap counterparties following bankruptcy fillings.


Related Articles

  • San Mateo Sues Lehman Executives, Auditor. Saskal, Rich // Bond Buyer;11/17/2008, Vol. 366 Issue 33005, p1 

    The article reports on a lawsuit filed by San Mateo County, California against the executives and auditor of Lehman Brothers Holdings Inc. The county, which lost $155 million after the global financial services firm filed for bankruptcy on September 15, 2008, filed the case in November targeting...

  • Lehman Sues Barclays Over Assets.  // American Banker;11/17/2009, Vol. 174 Issue 207, p2 

    The article reports on a lawsuit between Lehman Brothers Holdings Inc. and Barclays Capital Inc. Lehman is suing Barclays regarding Barclays' purchase of Lehman's broker-dealer business after Lehman had filed for bankruptcy protection. Lehman hopes to recover $7 billion of excess assets that...

  • Structured finance priority flip clause does not fall foul of English insolvency law.  // Law & Financial Markets Review;Nov2009, Vol. 3 Issue 6, p550 

    The article discusses a court case of Lehman Brothers International (Europe) wherein the company created a multi-user secured obligation programme which issued notes to investors which is served as collateral. It is noted that after the bankruptcy of the Lehman Brothers (Europe) including the...

  • B of A Relents on Some Claims vs. Lehman.  // American Banker;9/30/2011, Vol. 176 Issue F338, p6 

    Brief information is given about investment bank Lehman Brothers Holdings Inc.'s settlement with Bank of America (B of A) Corp. and B of A's Merrill Lynch unit concerning derivative claims against the bankrupt Lehman Brothers and the investment bank's liquidation and creditor-payback plan.

  • $40M Lehman Settlement Approved.  // American Banker;6/25/2012, Vol. 177 Issue 97, p6 

    The article presents information about a class action lawsuit against Lehman Brothers Holdings' former employees and the $40 million mortgage-backed securities settlement that was approved in New York City by U.S. District Court in Manhattan's Judge Lewis A. Kaplan.

  • Barclays Says Lehman Owes it $3B.  // American Banker;2/1/2010, Vol. 175 Issue 16, p12 

    The author reports that Barclays PLC has said that it owes nothing on the purchase of Lehman Brothers Holdings Inc., which sued Barclays for return of secret profits.

  • Bank wins $500,000 over false reference. Bronstien, Barbara F. // American Banker;1/11/1995, Vol. 160 Issue 7, p6 

    Reports that a U.S. District Judge awarded $500,000 in punitive damages to Citizens State Bank that successfully sued Shearson Lehman Brothers Inc. over a false credit reference. Background on the case; Court ruling of U.S. District Judge John W. Lungstrum.

  • N.Y. Fed and Barclays Lacked 'Plan B'  // American Banker;9/9/2010, Vol. 175 Issue 139, p2 

    Brief information is given about a deal between Lehman Brothers Holdings Inc. and Barclays PLC and Lehman Brothers' lawsuit against Barclays concerning the sale of assets.

  • Deutsche Bank Has No Regrets on Lehman Claims.  // American Banker;10/19/2011, Vol. 176 Issue 161, p10 

    The article discusses Deutsche Bank AG's $2.4 billion claims in Lehman Brothers Holdings Inc.'s Chapter 11 bankruptcy plan.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics