Financial Regulatory Forum

Lehman Europe administrator to offer new asset plan after losing appeal

November 6, 2009

The exterior of the world headquarters for Lehman Brothers is seen in New York September 15, 2008. REUTERS/Shannon Stapleton (UNITED STATES)   By Tom Freke
LONDON, Nov 6 (Reuters) – The administrator of Lehman Brothers’ European arm will proceed with a revised plan to return billions of hedge fund assets after a London appeal court on Friday rejected earlier proposals.

London court blocks move to claim Lehman assets

August 21, 2009

LONDON, Aug 21 (Reuters) – Clients of Lehman Brothers in Europe may have to wait longer to get their assets back after a judge blocked a move to speed the unwinding of the bankruptcy, accountants warned on Friday.