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In Re: Lehman Brothers Inc.
Case Number:
19-3245
Court:
Nature of Suit:
3422 STATUTES-Bkrup Appeals 801
Companies
Sectors & Industries:
-
October 19, 2021
2nd Circ. Tosses Ex-Lehman Execs' $300M Retirement Suit
The Second Circuit Court of Appeals upheld two lower court rulings Tuesday in the long-running liquidation of Lehman Bros. Inc., saying $300 million of deferred compensation plans for retired executives were rightly treated as unsecured claims against the defunct trading house.
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January 09, 2020
Ex-Lehman Execs Fight For Up To $300M In Retirement Pay
A New York bankruptcy court dropped the ball when it reclassified hundreds of millions of dollars in deferred pay claims from 344 ex-Shearson Lehman Brothers Inc. executives and lumped them together with other unsecured creditors looking for payment in Lehman's long-running bankruptcy case, the former executives told the Second Circuit on Wednesday.