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In Re: Lehman Brothers Holdings Inc.

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Case Number:

1:17-cv-01224

Court:

New York Southern

Nature of Suit:

Bankruptcy Appeal (801)

Judge:

Lorna G. Schofield

Firms

Companies

Sectors & Industries:

March 14, 2018
Bankruptcy Court's Block Of $1B Lehman Clawback Upheld

A New York federal judge on Wednesday affirmed a bankruptcy court's dismissal of a Lehman Brothers unit's bid to claw back $1 billion in swaps transactions, saying it correctly determined the safe harbor provision for swap agreements protects the distributions of the collateral.
March 02, 2018
Lehman Cites High Court Bankruptcy Ruling In Clawback Fight

A Lehman Brothers unit told a New York federal judge Thursday that a recent U.S. Supreme Court decision favoring a narrow interpretation of the Bankruptcy Code backs its bid to claw back $1 billion in swaps transactions.
December 01, 2017
Citibank Reaches Deal To Exit Lehman's $1B Clawback Fight

Following an undisclosed agreement, a New York federal judge Friday dismissed Citibank from a suit in which a Lehman Brothers unit seeks to claw back $1 billion in swaps transactions from various large banks including Bank of America and JPMorgan Chase.
July 13, 2017
Trade Groups Kept Out Of Lehman's $1B Bank Clawback Fight

Three financial industry groups were barred from filing amicus briefs Thursday supporting several big banks from which a Lehman Brothers unit seeks to claw back $1 billion in swaps transactions, with a New York federal court saying the bankruptcy appellees are plenty able to argue the case themselves.
June 20, 2017
Biz Groups Say Bankruptcy Law Stops Lehman Swap Claim

Three securities industry groups have urged a New York federal judge to uphold a bankruptcy court decision dismissing a Lehman Brothers unit's bid to recover $1 billion from swaps transactions the firm says were wrongfully terminated, saying the terminations are protected by bankruptcy law.