Lehman Claims In $8.6B JPMorgan Row Won't Get 2nd Look

Law360, New York (July 12, 2012, 1:39 PM EDT) -- Lehman Brothers Holdings Inc. was left with only limited claims to pursue against JPMorgan Chase Bank NA for actual fraudulent transfer of assets after the bankrupt trading company lost a bid Thursday to revisit an April ruling that trimmed its suit accusing JPMorgan of bilking it of $8.6 billion days before its collapse.

U.S. Bankruptcy Judge James M. Peck rejected Lehman's motion for reconsideration, saying he saw no reason to revisit his earlier decision and that during oral argument in the case he sufficiently examined the...
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