Lehman's Deal With Luxembourg Unit Over $13B Wins Nod
By Maria Chutchian ( July 17, 2013, 5:39 PM EDT) -- A New York bankruptcy judge on Wednesday signed off on two settlements between Lehman Brothers Holdings Inc.'s brokerage and its Luxembourg affiliates resolving a $13 billion intercompany dispute as well as a deal that shaves $8.5 million off a Curacao-based affiliate's customer claim....
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