Lehman Creditors Drop Suit After Quizzing Geithner

Law360, New York (June 18, 2012, 10:02 PM EDT) -- Lehman Brothers Holdings Inc. creditors dropped their suit against Treasury Secretary Timothy Geithner on Monday after he agreed to answer their questions about conversations he had with Lehman and JPMorgan Chase Bank NA executives in the days before Lehman collapsed in 2008.

In an order filed in the District of Columbia, U.S. District Judge Reggie B. Walton dismissed the case against Geithner after the official committee of unsecured creditors voluntarily dropped the suit.

Geithner, who was president of the Federal Reserve Bank of New York at...
To view the full article, register now.

Related

Sections

Case Information

Case Title

Lehman Brothers Holdings Inc.


Case Number

1:08-bk-13555

Court

New York Southern

Nature of Suit

Date Filed

September 15, 2008


Case Title

OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF LEHMAN BROTHERS HOLDINGS INC. v. GEITHNER


Case Number

1:12-mc-00098

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Judge

Reggie B. Walton

Date Filed

February 16, 2012

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.