Lehman Wants Out Of Indonesian Telecom's Suit

Law360, New York (October 4, 2010, 7:24 PM EDT) -- Lehman Brothers Special Financing Inc. has asked a judge to declare that a Jakarta, Indonesia-based telecom violated the automatic bankruptcy stay by suing the financial services giant in Indonesian court, in addition to filing its own breach of contract claims.

LBSF fired off a complaint in the U.S. Bankruptcy Court for the Southern District of New York on Friday, seeking to stop Jakarta-based PT Mobile-8 Telecom TBK from pursuing its case against the defunct firm in Indonesia.

Mobile-8 alleges the defunct brokerage firm committed a tort...
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