Lehman Brothers Can't Undo Trial Loss Over Crisis-Era CDS
By Katryna Perera ( March 14, 2024, 10:20 PM EDT) -- A New York appeals court on Thursday affirmed a bench trial loss Lehman Brothers' bankrupt European unit suffered last year in a suit attempting to claw back nearly half a billion dollars from Assured Guaranty over losses on credit default swaps tied to the 2008 financial crisis....
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