February 08, 2016
A New York bankruptcy judge on Monday approved a $1.42 billion settlement to resolve most litigation between Lehman Brothers Holdings Inc. and JPMorgan over transactions that occurred in the runup to Lehman's 2008 bankruptcy.
January 25, 2016
JPMorgan will pay $1.42 billion to settle most of Lehman Brothers Holdings Inc.'s suit accusing the bank of making wrongful transactions just before Lehman's bankruptcy, according to a Monday filing in New York bankruptcy court.
October 30, 2015
JPMorgan asked a New York federal judge on Friday to keep presiding over Lehman Brothers' claims that JPMorgan made wrongful transactions just before Lehman's bankruptcy, urging the judge not to send the $8.6 billion suit back to bankruptcy court as Lehman has requested.
October 01, 2015
A New York federal judge on Thursday axed most of a suit in which Lehman Brothers Holdings Inc. accused JPMorgan Chase Bank NA of extorting an $8.6 billion "slush fund" through unjustified collateral demands in the frenzied days before Lehman's demise.
September 16, 2014
Lehman Brothers Holdings Inc. urged a New York federal judge on Monday to order the return of a $6.9 billion "slush fund" of collateral that JPMorgan Chase Bank NA allegedly seized days before Lehman's 2008 collapse, saying it belongs to the general unsecured creditor body.
August 05, 2014
A New York federal judge on Monday took control of a bankruptcy court lawsuit accusing JPMorgan Chase Bank NA of extorting an $8.6 billion "slush fund" from Lehman Brothers Holdings Inc. through unjustified collateral demands in the frenzied days before Lehman's demise.