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Lehman Unit Sues To Halt $137M Payout In CDS Deal

By Melissa Lipman ( February 4, 2009, 12:00 AM EST) -- Lehman Brothers Special Financing Inc. has accused its partner in a credit default swap agreement of seeking to avoid paying the bankrupt company $400 million it allegedly owes under the arrangement by claiming that the Lehman unit defaulted on the agreement when its parent company filed bankruptcy proceedings....

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