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LEHMAN BROTHERS Bankruptcy News, Issue No. 3

BCSI reports on latest events arising in the chapter 11 cases commenced by Lehman Brothers Holdings Inc.

(EMAILWIRE.COM, September 17, 2008 ) FAIRLESS HILLS, Pa. -- Sep. 17, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 3 of LEHMAN BROTHERS BANKRUPTCY NEWS today. The 32-page newsletter contains stories with these headlines:


[00027] DEBTOR'S MOTION FOR RULING ON $138-BIL. ADVANCES BY CHASE
[00028] ADVANCES TO LEHMAN BROS. INC. REPAID BY FEDERAL RESERVE
[00029] LB 745 LLC JOINS LEHMAN HOLDINGS IN CHAPTER 11
[00030] DEBTORS' MOTION FOR JOINT ADMINISTRATION OF CH. 11 CASES
[00031] DEBTOR'S APPLICATION TO EMPLOY EPIQ AS NOTICE AGENT
[00032] DEBTOR'S MOTION TO ENFORCE AUTOMATIC STAY ON CREDITORS
[00033] DEBTOR'S MOTION TO EXTEND DEADLINE TO FILE SCHEDULES
[00034] BARCLAYS INKS $1.75B DEAL TO BUY KEY LEHMAN'S U.S. UNITS
[00035] DEBTOR'S MOTION TO WAIVE ASSET & DEBT INFO. IN PETITION
[00036] DEBTOR'S MOTION TO WAIVE LIST OF CREDITORS IN PETITION
[00037] LEHMAN MULLS SALE OF INVESTMENT MGT. UNIT TO BAIN/HELLMAN
[00038] SIPC DOES NOT EXPECT LEHMAN BROTHERS INC. LIQUIDATION
[00039] LINKLATERS TO ADVISE PWC IN LEHMAN U.K. ADMINISTRATION
[00040] LEHMAN BROTHERS' JAPAN UNITS FILE FOR BANKRUPTCY
[00041] JAPAN BANKS & INSURERS HAVE $2.3BIL. EXPOSURE TO LEHMAN
[00042] SINGAPORE EXCHANGE BANS LEHMAN FROM TAKING NEW SECURITIES
[00043] KOREA HALTS LEHMAN OPERATIONS; BANKS HAVE $720M EXPOSURE
[00044] TAIWAN SUSPENDS LEHMAN; INVESTORS MAY SEEK DAMAGES
[00045] INDIA STAYS LEHMAN OPERATIONS; FIRMS LOSE $431 MILLION
[00046] METLIFE HAS $800-MIL. EXPOSURE TO LEHMAN AND AIG
[00047] CANADA'S MANULIFE HAS $395-MIL. EXPOSURE TO LEHMAN
[00048] JAPAN'S SHINSEI HAS $358-MIL. EXPOSURE TO LEHMAN
[00049] SUN LIFE HAS $349-MIL. EXPOSURE TO LEHMAN BROTHERS
[00050] BANK OF CHINA HAS $50-MIL. EXPOSURE TO LEHMAN
[00051] ING HAS EUR200M EXPOSURE, SEES EUR100M IMPACT ON INCOME
[00052] S&P DOWNGRADES LEHMAN BROTHERS HOLDINGS TO "D"
[00053] S&P PLACES 3 CMBS DEALS ON NEG. WATCH DUE TO EXPOSURE
[00054] A.M. BEST DOWNGRADES LEHMAN RE BERMUDA TO "bb"
[00055] FEDERAL RESERVE TURNS BACK ON LEHMAN BUT SAVES AIG




A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=LEHMAN|BROTHERS for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

LEHMAN BROTHERS BANKRUPTCY NEWS tracks the restructuring of Lehman Brothers Holdings Inc.

How to Subscribe to LEHMAN BROTHERS BANKRUPTCY NEWS

LEHMAN BROTHERS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving LEHMAN BROTHERS BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=LEHMAN|BROTHERS

Contact Information:
Bankruptcy Creditors' Service, Inc.
peter a. chapman
Tel: (215) 945-7000
Email us
Press Release Keywords:

chapter 11, finance








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