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2nd Circ. Rejects Lehman Claimants' Bid For Arbitration

By Suevon Lee (October 6, 2016, 5:59 PM EDT) -- A Second Circuit panel on Thursday refused to disturb a U.S. bankruptcy judge's ruling denying a bid by former Shearson workers seeking up to $300 million in deferred pay from the Lehman Brothers Inc. trustee to compel arbitration on the issue of their priority status for payout....

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