Barclays Doesn't Owe Ex-Lehman Workers $500M: Judge
Lehman had claimed that Barclays, which bought Lehman's business shortly after Lehman declared bankruptcy, paid out only $1.5 billion of $2 billion in promised bonuses to ex-Lehman workers. Lehman wanted the allegedly missing $500 million.
But U.S. Bankruptcy Judge James M. Peck ruled that Barclays never promised it...
To view the full article, register now.