Lehman Asks For Tentative Ch. 11 Plan Hearing Date

Law360, New York (March 16, 2011, 6:06 PM EDT) -- Bankrupt financial services behemoth Lehman Brothers Holdings Inc. asked a New York bankruptcy court Wednesday to schedule a November confirmation hearing for its reorganization plan and to set an October deadline for creditors to vote on it.

Lehman proposed a schedule to move the largest Chapter 11 case in history in a motion seeking approval for its disclosure statement filed in the U.S. Bankruptcy Court for the Southern District of New York. The motion also asked the court to approve solicitation and voting procedures for the...
To view the full article, register now.