Lehman Escapes Jury Trial In $200M Loan Repayment Suit

Law360, New York (August 5, 2011, 6:21 PM EDT) -- Bankrupt Lehman Brothers Holdings Inc. won a ruling Friday that defendants who had signed jury waivers were not entitled to a jury trial in its New York lawsuit seeking repayment of $33.4 million of $200 million in loans granted to Bethany Holdings Group LLC.

U.S. District Judge Sidney H. Stein agreed with Lehman's argument that the defendants had waived their right to a jury trial in the suit, part of Lehman's bankruptcy proceedings, which is attempting to collect on $200 million in loans it made for...
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