Giants Stadium LLC continued its discovery push in a $300 million dispute over financing for MetLife Stadium on Wednesday, telling a New York bankruptcy judge it intends to seek testimony from former employees of Lehman Brothers Holdings Inc.
Lehman Brothers Holdings Inc. has hidden behind Chapter 11 bankruptcy protection to stick a United Church of Christ-affiliated housing charity with a $16.8 million interest-rate swap bill, the group argued in New York bankruptcy court Thursday.
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.
The trustee overseeing the liquidation of Lehman Brothers Inc. on Wednesday reached a settlement that will allow two Luxembourg affiliates a combined $163 million in claims and resolve their $13 billion dispute over securities transactions.
Lehman Brothers Inc.’s trustee on Monday secured a deal that will shave $8.5 million off a Curacao-based affiliate’s customer claim against the estate, the latest in a series of recent deals the trustee has landed to maximize the recovery of customers and general creditors.
Credit Agricole Corporate and Investment Bank on Friday urged a New York bankruptcy judge to throw out a lawsuit brought by Lehman Brothers Holdings Inc. over $34 million in terminated swap transactions, saying it doesn’t owe the fallen investment bank a cent.
Lehman Brothers Holdings Inc. said Friday that it is considering selling some of the $14 billion in bankruptcy claims it has against its brokerage affiliate Lehman Brothers Inc., and has hired New York-based global investment banking adviser Lazard Ltd. to guide it in the process.
Lehman Brothers Holdings Inc. on Thursday sued Syncora Guarantee Inc. in New York bankruptcy court, aiming to slash the bond insurer’s $1.3 billion claim alleging the fallen investment giant misled it about the quality of mortgage-backed notes it insured.
Lehman Brothers Holdings Inc. on Wednesday sued Intel Corp. in New York bankruptcy court claiming it breached a $1 billion swap agreement with a Lehman derivatives unit and is looking to recover collateral it claims Intel improperly held onto.
A unit of the NFL's New York Giants made another attempt Thursday to get its hands on documents connected to a $300 million dispute over financing for MetLife Stadium, asking a federal judge in New York to force an affiliate of Lehman Brothers Holdings Inc to give up the evidence.