GE, Lehman Spar Over Hundreds Of Millions In Trades
The motion, filed in the U.S. Bankruptcy Court for the Southern District of New York, relates to a $775 million secured credit facility provided by General Electric Capital Corp. to Bermuda-based Fusion Funding Ltd. and affiliate Fusion Funding Luxembourg — both special-purpose entities set up to purchase Lehman commercial loans.
GE's motion...
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