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Citibank's $1.74B Settlement With Lehman Gets Court's OK

By Alex Wolf (October 13, 2017, 5:32 PM EDT) -- Citibank NA's agreement to return $1.74 billion to the Lehman Brothers estate and cut short a trial over closeout calculations for derivatives trades that went into default after Lehman's collapse is sealed, as the New York bankruptcy judge who oversaw the monthslong trial happily signed the deal on Friday....

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