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Lehman Examiner Seeks More Latitude In Probe

Law360 (February 2, 2009, 12:00 AM EST) -- The examiner appointed to look into the Lehman Brothers Holdings Inc. bankruptcy case is seeking broad authority to issue subpoenas as he continues to look into the events and people surrounding the financial giant's collapse into bankruptcy.

On Friday, examiner Anthony Valukas filed a motion with the U.S. Bankruptcy Court for the Southern District of New York, asking for permission to use subpoenas to compel production of documents and the testimony of witnesses when voluntary compliance fails.

“If the examiner is obligated to file a separate...
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