Lehman Bros. Backs Converting Swiss Unit To Ch. 15
By Evan Weinberger ( March 9, 2009, 12:00 AM EDT) -- Lehman Brothers Holdings Inc. has backed a proposal by PricewaterhouseCoopers to dismiss Chapter 11 proceedings for a Swiss unit of the bankrupt financial services institution and instead recognize bankruptcy proceedings in Switzerland as the lead case under a Chapter 15 proceeding....
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