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...
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