Lehman Wraps Up Last Major Bankruptcy Dispute

Law360, New York (April 3, 2013, 7:22 PM EDT) -- Lehman Brothers Holdings Inc. has struck a deal with its former Swiss subsidiary in a multibillion-dollar liquidation dispute, bringing an end to one of the last and largest of the major conflicts in the biggest bankruptcy in U.S. history, according to a Tuesday filing in New York bankruptcy court.

LBHI and Lehman Brothers Finance SA have been wrangling over what they owe each other for the past four years, but appear to have finally reached a compromise.

Under the terms of deal, LBHI's claim against the...
To view the full article, register now.




Case Information

Case Title

Lehman Brothers Holdings Inc.

Case Number



New York Southern

Nature of Suit

Date Filed

September 15, 2008

Law Firms


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.