NY Judges Question Lehman's Bid To Undo CDS Trial Loss
By Katryna Perera ( February 21, 2024, 10:54 PM EST) -- A panel of New York appeals court judges on Wednesday appeared reluctant to undo a bench trial loss Lehman Bros.' bankrupt European unit suffered last year in a suit attempting to clawback nearly half a billion dollars from Assured Guaranty over alleged losses on credit default swaps tied to the 2008 financial crisis....
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