Lehman Judge Says Goodbye, OKs $2B Fannie Mae Deal
By Maria Chutchian
Law360, New York (January 29, 2014, 1:25 PM ET) -- The New York bankruptcy judge who has presided over the Lehman Brothers Holdings Inc. bankruptcy for the last five years made his final rulings in the case Wednesday, including an approval of a $2 billion settlement resolving Fannie Mae's $19 billion claim.
At the hearing, attorneys for Lehman, its Securities Investor Protection Act trustee and other parties involved in the case lauded the service of U.S. Bankruptcy Judge James M. Peck, who will retire Friday. The Lehman proceedings, which commenced in September 2008 and are far...