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Lehman Seeks To Block Bid To Lift Automatic Stay

Law360 (November 19, 2008, 12:00 AM EST) -- Lehman Brothers Holdings Inc. and its unsecured creditors committee have asked a judge to keep bankrupt real estate developer SunCal Cos. from lifting the investment company's automatic stay and filing motions in its own bankruptcy that could hurt Lehman.

SunCal and its affiliates, collectively known as the SCC entities, filed a motion on Nov. 10 to lift the automatic stay in Lehman's bankruptcy case so that it could file motions in its bankruptcy affecting Lehman. Lehman and the creditors committee objected to the motion on Tuesday....
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