February 13, 2014
Lehman Brothers Holdings Inc. on Wednesday agreed to pay $767 million to settle Freddie Mac's $1.2 billion claim, freeing up the $1.2 billion cash reserve that was set aside for the government enterprise so it can now be distributed to creditors.
January 29, 2014
The New York bankruptcy judge who has presided over the Lehman Brothers Holdings Inc. bankruptcy for the last five years made his final rulings in the case Wednesday, including an approval of a $2 billion settlement resolving Fannie Mae's $19 billion claim.
January 27, 2014
The trustee liquidating Lehman Brothers Inc. has reached a deal to settle more than $500 million in claims brought by Lehman's Japanese units, he said Friday.
January 23, 2014
Lehman Brothers Holdings Inc. asked a New York bankruptcy judge on Thursday to approve a $2 billion settlement resolving the Federal National Mortgage Association's nearly $19 billion claim over certain home loans and mortgage-backed securities that Lehman sold it in the run-up to the global financial crisis.
December 20, 2013
Intel Corp. on Thursday prevailed in its bid to toss two Lehman Brothers Holdings Inc. claims related to a $1 billion swap agreement and convinced the court that a breach of contract claim was not appropriate for bankruptcy court.
November 21, 2013
Lehman Brothers Holdings Inc. on Thursday hit real estate investment company LCOR Alexandria LLC with an adversary complaint in New York bankruptcy court, seeking to recover $83 million it says LCOR owed to one of its subsidiaries upon termination of an interest rate swap transaction.
November 06, 2013
Lehman Brothers Holdings Inc. hit Credit Suisse and affiliates with an adversary complaint in New York bankruptcy court on Wednesday, saying it inflated its derivatives and guarantee claims by more than $1 billion in violation of the Bankruptcy Code and applicable agreements.
October 24, 2013
A New York bankruptcy judge on Thursday rebuffed several hedge funds' efforts to examine Elliott Management Corp.'s £650 million ($1.05 billion) purchase of an outstanding claim against Lehman Brothers Holdings Inc.'s European unit, saying the funds had presented no evidence that the transaction was suspect.
October 24, 2013
The judge overseeing Lehman Brothers Holdings Inc.'s liquidation on Thursday told attorneys for Freddie Mac and the Federal Housing Finance Agency that they are unlikely to prevail in their bid to have their $1.2 billion claim against the defunct bank's estate heard outside of bankruptcy.
October 24, 2013
Lehman Brothers Holdings Inc. sued Giants Stadium LLC in New York bankruptcy court Wednesday, alleging the company owned by the New York Giants football team owes it more than $100 million for prematurely terminating interest-rate swap transactions when Lehman filed for bankruptcy.