May 07, 2015
Moore Capital Management LP reached a resolution Thursday in a dispute with the trustee for bankrupt Lehman Brothers Inc. over who is entitled to a $12 million cash balance on money deposited before the bankruptcy for foreign currency trades.
January 12, 2015
Commodity market regulators objected on Friday to a hedge fund manager's demand for full repayment on a $12 million foreign-exchange debt with Lehman Brothers Inc., urging a narrow reading of the Bankruptcy Code's protections for currency traders.