Lehman Creditors Question JPMorgan's Role

Law360, New York (October 3, 2008, 12:00 AM EDT) -- Creditors of Lehman Brothers Holdings Inc. have asked the bankruptcy court for permission to investigate whether JPMorgan Chase & Co. contributed to the company's cash crunch before Lehman filed for bankruptcy protection last month.

In a motion filed with the U.S. Bankruptcy Court for the Southern District of New York on Thursday, the official committee of unsecured creditors of Lehman Brothers asked the court to allow discovery of JPMorgan, claiming that the Friday before Lehman filed for bankruptcy, the company had at least $17 billion in...
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