Lehman Ch. 11 Plan Faces Objections At Voting Deadline

Law360, New York (November 4, 2011, 7:43 PM EDT) -- Objections to Lehman Brothers Holdings Inc.'s plan for handling swap contracts poured into a New York bankruptcy court as creditors hit a Friday deadline to vote on the Chapter 11 plan, but the defunct investment bank said it should have enough support to win confirmation.

While creditors also took issue with other components of the plan, several balked at the idea that Lehman would assume their swap contracts, which they say have already been properly terminated and, therefore, can't be taken up by Lehman because they...
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