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LBI Trustee Seeks Approval Of $3B Unsecured Creditors Fund

By Jeff Sistrunk (June 27, 2014, 4:41 PM EDT) -- The trustee winding down Lehman Brothers Inc.'s estate filed a motion Thursday in New York bankruptcy court seeking approval to create a $3 billion fund to make an interim distribution to general unsecured creditors, a week after a judge gave him the go-ahead to pay in full holders of all allowed secured and priority claims....

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