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Lehman News (NYSE:LEH)

03/07/20121:16PMDJNLehman Says Banks 'Conspired' To Offer Archstone Stake To Zell
By Joseph Checkler Of DOW JONES DAILY BANKRUPTCY REVIEW Lehman Brothers Holdings Inc. (LEHMQ) says its Archstone apartment company co-owners Barclays PLC (BCS) and Bank of America Corp. (BAC) "conspired" to try to sell their once-53% stake in Archstone to competitor Sam Zell, the latest accusation in a fight that's really... More...>>
03/06/201211:50AMDJNLehman Exits Bankruptcy, Sets Distribution To Creditors
By Patrick Fitzgerald Of DOW JONES DAILY BANKRUPTCY REVIEW Lehman Brothers Holdings Inc. (LEHMQ) on Tuesday officially emerged from Chapter 11 bankruptcy protection after nearly three and half years and said creditors of the investment bank will start getting paid next month. Lehman, once the nation's fourth largest investment... More...>>
03/02/20122:39PMDJNUPDATE: Fed Extends Comment Period For Dodd-Frank's Bank Rules
Financial firms and others will get another month to comment on a major provision of the Dodd-Frank financial overhaul law setting out stricter capital, liquidity and other requirements for the nation's biggest banks. The Federal Reserve on Friday extended the public comment period for enhanced prudential standards until... More...>>
02/28/20128:44AMDJNHungary Opposition Sees Government Stalling In EU/IMF Talks
Hungary's government is playing a tactical game so it can eventually avoid signing an agreement with the European Union and the International Monetary Fund, the head of the country's biggest opposition party said. "If you asked me in January I would have said it's impossible that the government doesn't want a deal. Today... More...>>
02/22/201211:53AMDJNLehman Judge's Decision Means More Cash For Creditors Soon
A judge on Wednesday said Lehman Brothers Holdings Inc. (LEHMQ) can set aside non-cash assets for disputed claims so it has more cash to pay back other creditors soon, a decision that will give the failed investment bank more money to pay in its initial distribution tentatively set for about the end of the first quarter... More...>>
02/21/201212:22PMDJNEquity Residential Extends Archstone Purchase Option
Apartment company Equity Residential (EQR) struck a deal with Bank of America Corp. (BAC) and Barclays PLC (BCS, BARC.LN) over the weekend to extend its purchase option to buy a stake in competitor Archstone by 60 days, according to a press release Monday and people familiar with the terms of the deal. In return, Equity... More...>>
02/15/201212:05PMDJNUS Judge Approves Lehman-JP Morgan Deal To Slash $710 Million Claim
A judge on Wednesday signed off on a deal between J.P. Morgan Chase & Co. (JPM) and Lehman Brothers Holdings Inc. (LEHMQ) that calls for J.P. Morgan to slash most of a $710 million claim it filed against Lehman's bankruptcy estate, money that Lehman plans to distribute to creditors soon. Judge James Peck of U.S. Bankruptcy... More...>>
02/13/20123:50PMDJNLehman Trustee, Barclays Continue Fight Over 'Margin' Money
By Joseph Checkler Of DOW JONES DAILY BANKRUPTCY REVIEW Barclays Group PLC (BCS) and the Lehman Brothers Holdings Inc.'s (LEHMQ) are continuing their appeals of a judge's split decision last year to the lesser-followed aspects of the so-called "secret-discount lawsuit." Barclays said the trustee unwinding Lehman Brothers... More...>>
02/09/20122:09PMDJNLehman Sues Citigroup For $2.5 Billion Over Prebankruptcy Transfers
By Joseph Checkler Of DOW JONES DAILY BANKRUPTCY REVIEW Lehman Brothers Holdings Inc. (LEHMQ) is suing Citigroup Inc. (C) in an effort to recover $2.5 billion in cash transferred to Citi in the months before Lehman's September 2008 bankruptcy filing. In a Wednesday filing with the U.S. Bankruptcy Court in Manhattan, Lehman... More...>>
02/01/20125:47PMDJNEquity Residential 4Q Net Falls 46%, But FFO Improves
DOW JONES NEWSWIRES Equity Residential's (EQR) fourth-quarter profit fell 46% as income from discontinued operations helped year-ago results, though a key metric for real-estate investment trusts improved. The country's largest apartment developer and manager has continued to report improving fundamentals coming out of... More...>>
02/01/20125:42PMDJNJ.P. Morgan Agrees To Slash $710 Million Claim Against Lehman
By Joseph Checkler Of DOW JONES DAILY BANKRUPTCY REVIEW Lehman Brothers Holdings Inc. (LEHMQ) has struck a deal with J.P. Morgan Chase & Co. (JPM) to drastically slash a $710 million claim the bank filed against Lehman's bankruptcy estate, and it plans to distribute money J.P. Morgan was holding to satisfy the claim... More...>>

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