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Creditor Elliott Seeks Bigger Role In Lehman Hedging

By Christie Smythe (March 5, 2009, 12:00 AM EST) -- Private equity firm Elliott Associates LP and several of its affiliates have objected to bankrupt Lehman Brothers Holdings Inc.'s request to enter hedging agreements for certain derivative contracts held by the investment bank, saying that Elliott and other unsecured creditors need to play a greater role in such decisions....

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