Lehman's Broadcaster Dividend Suit Axed In Del. High Court
By Jamie Santo ( December 12, 2014, 3:53 PM EST) -- Delaware's Supreme Court on Thursday declined to revive a Lehman Brothers Holdings Inc. suit that claimed Spanish Broadcasting System Inc. violated a shareholder contract by taking on more than $280 million in debt while failing to pay quarterly dividends, finding Lehman effectively consented to the borrowings by staying silent....
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