NEW YORK, June 8 (Reuters) – Lehman Brothers’ (LEHMQ.PK: Quote, Profile, Research, Stock Buzz)
bankruptcy was a devastating blow to the many noteholders who
lost almost everything, but other savvy investors, including
hedge fund billionaire John Paulson, have made out well.

So far, details have been minimal about the fate of
investors in Lehman debt, including those who lost their shirts
when the company went bankrupt and those who may profit on
bonds scooped up after the bank’s collapse.

NEW YORK (Reuters) – Within days of the arrest of former IMF head Dominique Strauss-Kahn on attempted rape and sexual abuse charges, details about the alleged victim appeared in publications around the world.

At first, the facts were sparse. It was clear she was a 32-year-old New York hotel maid. But within days, the woman’s name and photo were published in France and could easily be found through Internet search engines. Le Journal du Dimanche — a French weekly newspaper — ran a front-page story complete with her name and photo, and French reporters camped outside her New York home.

NEW YORK (Reuters) – Apartment building owner Archstone, whose $22 billion buyout in 2007 exemplified the excesses of the housing boom and helped bankrupt Lehman Brothers, is coming back to the market.

According to sources familiar with the situation, Lehman Brothers Holdings Inc, Bank of America Corp and Barclays Plc started recently to consider alternatives for Archstone, including an outright sale, selling it in pieces by buildings or markets, or doing an initial public offering, the sources said.

NEW YORK (Reuters) – Apartment building owner Archstone, whose $22 billion buyout in 2007 exemplified the excesses of the housing boom and helped bankrupt Lehman Brothers, is coming back to the market.

According to sources familiar with the situation, Lehman Brothers Holdings Inc (LEHMQ.PK: Quote, Profile, Research, Stock Buzz), Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) and Barclays Plc (BARC.L: Quote, Profile, Research, Stock Buzz) started recently to consider alternatives for Archstone, including an outright sale, selling it in pieces by buildings or markets, or doing an initial public offering, the sources said.

NEW YORK (Reuters) – Lehman Brothers Holdings Inc is expected to begin the sale process for Aurora Bank, worth around $850 million, by June as the bankrupt firm sells off pieces of itself to pay off creditors, sources familiar with the situation said.

Investment banks KBW Inc and Lazard Ltd are expected to advise the Lehman estate on the sale of the unit, sources said.

NEW YORK (Reuters) – Lehman Brothers Holdings Inc (LEHMQ.PK: Quote, Profile, Research, Stock Buzz) is expected to begin the sale process for Aurora Bank, worth around $850 million, by June as the bankrupt firm sells off pieces of itself to pay off creditors, sources familiar with the situation said.

Investment banks KBW Inc (KBW.N: Quote, Profile, Research, Stock Buzz) and Lazard Ltd (LAZ.N: Quote, Profile, Research, Stock Buzz) are expected to advise the Lehman estate on the sale of the unit, which is likely to start by June, sources said.

NEW YORK/WILMINGTON, Delaware (Reuters) – Dynegy Inc’s (DYN.N: Quote, Profile, Research, Stock Buzz) bankruptcy talk may be just that — at least for the moment.

The struggles of the third-largest independent power producer have sent an army of restructuring advisers scrambling for its business.

SEOUL/NEW YORK, March 30 (Reuters) – SK Telecom (017670.KS: Quote, Profile, Research, Stock Buzz)
is considering investing in bankrupt U.S. video rental chain
Blockbuster Inc (BLOAQ.PK: Quote, Profile, Research, Stock Buzz), an official with South Korea’s top
mobile carrier said on Wednesday.

“We are looking at many opportunities overseas,” said the
official, who requested anonymity because she was not
authorized to talk to the media. “But no details have been
decided.”

NEW YORK, March 23 (Reuters) – More hedge funds will invest
in increasingly risky, distressed assets this year and expect
to make a greater amount of money doing it, according to a
survey of fund managers.

About 72 percent of those polled said they are investing in
financially troubled companies this year, up from 65 percent in
2010, according to the Reuters HedgeWorld & Dykema 2011
Insolvency Outlook Survey.

NEW YORK, March 15 (Reuters) – Dish Network Corp (DISH.O: Quote, Profile, Research, Stock Buzz),
led by satellite billionaire Charlie Ergen, received approval
from a bankruptcy court on Tuesday to buy hybrid satellite and
land-based communications company DBSD North America for about
$1.4 billion.

The deal adds to Ergen’s growing satellite empire and
appears to end litigation and creditor infighting that broke
out over DBSD’s initial plan when it filed for bankruptcy in
May of 2009.