© 2011 Bloomberg Finance L.P. All rights reserved. Originally published by Bloomberg Finance L.P. in the Vol. 5, No. 12 edition of the Bloomberg Law Reports—Bankruptcy Law. Reprinted with permission. Bloomberg Law Reports® is a registered trademark and service mark of Bloomberg Finance L.P.
USA, Insolvency & Restructuring, Litigation, Public, Troutman Pepper, Bond (finance), Bankruptcy, Debtor, Option (finance), Debt, Credit rating, Municipal bond, US Constitution, United States bankruptcy court
In a long-awaited decision released on February 22, 2011, Judge James M. Peck of the United States Bankruptcy Court for the Southern District of New York ruled in favor of Barclays Capital in Lehman Brothers Holding Inc.’s multi-billion-dollar lawsuit arising out of the sale of Lehman’s investment banking and brokerage assets, which occurred in September of 2008.
USA, Insolvency & Restructuring, Litigation, Troutman Pepper, Bankruptcy, Security (finance), Board of directors, Investment banking, Systemic risk, Brokerage firm, Barclays, Federal Reserve Bank, Lehman Brothers, Federal Reserve Bank of New York, Title 11 of the US Code, United States bankruptcy court