BofA Allowed To Ditch Counsel In Lehman Case

Law360, New York (December 6, 2010, 4:08 PM EST) -- A bankruptcy judge signed off Monday on Bank of America Corp.'s request for new counsel in a case against Lehman Brothers Holdings Inc., only days after the financial giant was ordered to pay back more than $500 million seized in the wake of the investment giant's 2008 Chapter 11 filing.

Judge James Peck of the U.S. Bankruptcy Court for the Southern District of New York approved Bank of America's move to substitute Bingham McCutchen LLP for Shearman & Sterling LLP, as had been previously outlined in...
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