Bloomberg.com logo Bloomberg.com 2 weeks ago

Lehman Brothers Loses U.K. Appeals Court Ruling Over Credit-Linked Notes

Nov. 6 (Bloomberg) -- Lehman Brothers Holdings Inc. lost an appeal of a U.K. court ruling over whether it should be paid before bondholders in two swap agreements, a decision affecting billions of dollars in claims. Full Article at Bloomberg.com

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    Lehman's U.K. Administrators Can't Distribute Assets, Appeals Court Says
    2 weeks ago

    Nov. 6 (Bloomberg) -- Lehman Brothers International Inc.’s U.K. unit can’t go ahead with an expedited plan to distribute as much as $8.9 billion in assets to creditors, an appeals court ruled. Full Article at Bloomberg.com

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  1. Protestors hold signs behind Richard Fuld, Chairman and Chief Executive of Lehman Brothers Holdings, as he takes his seat to testify at a House Oversight and Government Reform Committee hearing on the causes and effects of the Lehman Brothers bankruptcy, on Capitol Hill in Washington, October 6,...
  2. Britain's Andy Murray returns the ball to Spain's Fernando Verdasco during their ATP World Tour Finals tennis match at the 02 Arena in London November 26, 2009.
  3. LONDON - NOVEMBER 26: Prince Charles, Prince of Wales, Colonel-In-Chief of the Mercian Regiment talks to soldiers from the 4th Battalion during a medal ceremony at Clarence House on November 26, 2009 in London.
  4. LONDON, ENGLAND - NOVEMBER 26: Jamie Murray sits with a friend as he watches his brother Andy Murray of Great Britain play during the men's singles round robin match against Fernando Verdasco of Spain during the Barclays ATP World Tour Finals at the O2 Arena on November 26, 2009 in London, Engla...
  5. LONDON, ENGLAND - NOVEMBER 26: Former British Ambassador to the United States, Sir Christopher Meyer leaves after the third day of the Iraq enquiry at the Queen Elizabeth II conference centre on November 26, 2009 in London, England.
  6. LONDON, ENGLAND - NOVEMBER 26: National Express trains are parked in Liverpool Street station on November 26, 2009 in London, England.
  7. LONDON, ENGLAND - NOVEMBER 26: Firefighters douse a fire in a block of flats in Peckham on November 26, 2009 in London, England. Over 180 Fire crew tackled the blaze that started on a construction site and subsequently spread to neighbouring homes.
  8. MANDATORY CREDIT PHOTO BY DAVE M. BENETT/GETTY IMAGES REQUIRED) Model Kate Moss (L) and singer Gary Barlow attend the SingStar Take That Extravaganza at the Tabernacle on November 25, 2009 in London, England.
  9. LONDON, UNITED KINGDOM - NOVEMBER 25: Singer Dionne Bromfield arrives at the SingStar Take That Extravaganza on November 25, 2009 in London, England.

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