BofA Fights $590M Ruling Over Lehman Seizures

Law360, New York (December 16, 2010, 2:58 PM EST) -- Bank of America Corp. has appealed a bankruptcy judge's decision ordering it to shell out approximately $590 million to Lehman Brothers Holdings Inc. to cover funds it seized just after the investment giant checked into bankruptcy court in 2008.

Attorneys from Bingham McCutchen LLP lodged Bank of America's notice of appeal in the U.S. Bankruptcy Court for the Southern District of New York on Wednesday, notifying the court that it would be challenging bankruptcy Judge James Peck's decision in its adversary suit against Lehman in the...
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