2 More Lehman Lending Units File For Ch. 11
Both the Irvine, Calif.-based BNC and the Luxembourg-headquartered lender listed more than $1 billion in both assets and liabilities consolidated with affiliates in their petitions for Chapter 11 protection filed Friday and Wednesday, respectively, in the U.S. Bankruptcy Court for the Southern District of New York.
The petitions did not list the individual debtors and instead pointed to the...
To view the full article, register now.