LEHMAN BROTHERS Bankruptcy News, Issue No. 10
BCSI reports on latest events arising in the chapter 11 cases commenced by Lehman Brothers Holdings Inc.
(EMAILWIRE.COM, November 13, 2008 ) FAIRLESS HILLS, Pa. -- Nov. 13, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 10 of LEHMAN BROTHERS BANKRUPTCY NEWS today. The 121-page newsletter contains stories with these headlines:
[00475] NY COMPTROLLER'S MOTION FOR APPOINTMENT OF TRUSTEE
[00476] CEO RICHARD FULD TO LEAVE POST BY YEAR-END
[00477] ADVERSARY PROCEEDING -- Evergreen vs. Barclays & Lehman
[00478] A&M MEETS WITH LEHMAN CREDITORS; EURO UNIT OWES LBHI $8BB
[00479] ADVERSARY PROCEEDING -- Miron Berenshteyn vs. LBHI
[00480] ADVERSARY PROCEEDING -- Royal Bank America vs. Lehman SF
[00481] ADVERSARY PROCEEDING -- Deutsche Bank vs. LBHI
[00482] STIPULATION ON LBI'S RETURN OF $11.5-MIL. TO HARBINGER
[00483] STIPULATION ON LBI'S RETURN OF $23.14-MIL. TO BARCLAYS
[00484] WALT DISNEY'S MOTION FOR AN EXAMINER IN DEBTORS' CASES
[00485] DEBTORS' MOTION TO IMPLEMENT RECRUITMENT PROGRAM
[00486] DEBTORS' MOTION TO SELL AIRCRAFT TO PEGASUS FOR $25.4M
[00487] DEBTORS' MOTION TO EXTEND DEADLINE TO FILE SCHEDULES
[00488] BAIN/HELMAN'S $2.15-BIL. NAMED STALKING-HORSE BID FOR NB
[00489] LBHI'S MOTION TO SELL 50-ACRE N.J. PROPERTY FOR $6.25-MIL
[00490] DEBTORS' MOTION TO MAINTAIN WORKERS' INSURANCE PROGRAMS
[00491] DEBTORS' MOTION TO PAY OF $8.9-MIL. PREPETITION TAXES
[00492] DEBTORS' MOTION TO USE EXISTING CASH MANAGEMENT SYSTEM
[00493] LEHMAN WINS COURT NOD ON SALE OF U.S. UNITS TO BARCLAYS
[00494] DEBTORS' MOTION TO REJECT LBFP'S HEDGING DEAL W/ WESTLB
[00495] DEBTORS' MOTION TO BORROW $450 MILLION FROM BARCLAYS BANK
[00496] LBHI'S MOTION TO LIMIT TRADING TO KEEP VALUE OF $10B NOL
[00497] ADVERSARY PROCEEDING -- SIPC vs. Lehman Brothers Inc.
[00498] LBI TRUSTEE'S MOTION TO EXTEND LEASE DECISION PERIOD
[00499] LBI TRUSTEE'S MOTION FOR DE MINIMIS ASSET SALE PROTOCOL
[00500] LBI TRUSTEE'S APPLICATION TO HIRE NORTON AS U.K. COUNSEL
[00501] BARCLAYS' MOTION TO EXCLUDE 179 PACTS FROM LBI SALE ORDER
[00502] CONTRACTS ASSIGNED TO BARCLAYS AS PART OF LBI SALE
[00503] GTS' MOTION TO DIRECT LEHMAN TO ASSUME SERVICING CONTRACT
[00504] SIXTH GEAR'S MOTION FOR IMMEDIATE ASSUMPTION OF MRA
[00505] DNB'S MOTION TO LIFT STAY TO SET OFF $18-MIL. DEPOSIT
[00506] COMMITTEE INVESTIGATES JPMC FOR FREEZING LBHI'S $17-BIL.
[00507] HARBINGER'S MOTION TO DEPOSE LEHMAN ON FUNDS TRANSFER
[00508] NEWPORT FUNDS' MOTION TO DEPOSE LBHI ON LOST TRANSFERS
[00509] VANGUARD'S MOTION FOR SCREENING WALL TO CONTINUE TRADING
[00510] KUNTZ'S MOTION TO LIFT STAY TO PURSUE GRAND UNION CLAIMS
[00511] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[00512] DEBTORS' MOTION TO IMPLEMENT COMPENSATION PROCEDURES
[00513] DEBTORS' APPLICATION TO HIRE SIMPSON AS SPECIAL COUNSEL
[00514] DEBTORS' APPLICATION TO HIRE McKEE NELSON AS TAX COUNSEL
[00515] COMMITTEE'S APPLICATION TO EMPLOY MILBANK AS LEAD COUNSEL
[00516] COMMITTEE'S APPLICATION TO HIRE QUINN AS SPECIAL COUNSEL
[00517] COMMITTEE'S APPLICATION TO TAP HOULIHAN AS INVEST. BANKER
[00518] COMMITTEE'S APPLICATION TO HIRE FTI AS FINANCIAL ADVISER
[00519] STIPULATION ALLOWING COMPLETION OF FOREIGN CURRENCY TRADE
[00520] STIPULATION ALLOWING DNB TO SET-OFF TERMINATION PAYMENT
[00521] RULE 2019 STATEMENT -- Nixon Peabody LLP
[00522] RULE 2019 STATEMENT -- Hahn & Hessen
[00523] RULE 2019 STATEMENT -- Peitzman, Weg & Kempinsky
[00524] RULE 2019 STATEMENT -- Proskauer Rose
[00525] RULE 2019 STATEMENT -- Holland & Knight
[00526] RULE 2019 STATEMENT -- Davis Polk & Wardwell
[00527] RULE 2019 STATEMENT -- Wachtell, Lipton, Rosen & Katz
[00528] RULE 2019 STATEMENT -- Arent Fox
[00529] RULE 2019 STATEMENT -- Stevens & Lee
[00530] RULE 2019 STATEMENT -- Troutman Sanders
[00531] RULE 2019 STATEMENT -- Orrick, Herrington & Sutcliffe
[00532] RULE 2019 STATEMENT -- Shearman & Sterling
[00533] RULE 2019 STATEMENT -- Greenberg Traurig
[00534] WFP TOWER'S MOTION TO COMPEL POSTPETITION RENT PAYMENT
[00535] 125NORTH10 LLC'S MOTION TO COMPEL ADMIN EXPENSE PAYMENT
[00536] MISO'S MOTION TO LIFT STAY TO EXERCISE SET-OFF RIGHTS
[00537] DEBTORS' MOTION TO PAY PREPETITION ART-HANDLER FEES
[00538] DEKABANK'S MOTION TO LIFT STAY TO TERMINATE CONTRACT
[00539] STIPULATION PROVIDING FOR LBI'S RETURN OF EJF'S $5.35-MIL
[00540] LOCAL GOVERNMENTS IN NEW SOUTH WALES EXPOSED TO LEHMAN
[00541] SINGAPORE RECEIVES TWO RESTRUCTURING BIDS FOR MINIBONDS
[00542] BARCLAYS STARTS TRADING IN ACQUIRED FIXED INCOME BIZ.
[00543] SINGAPORE'S DBS TO CLIENTS: LEHM NOTES MAY HAVE NO VALUE
[00544] DTCC SUCCESSFULLY CLOSES OUT LEHMAN BROTHERS BANKRUPTCY
[00545] CHINALCO MOVES RIO TINTO SHARES FROM LBIE TO NEW ACCOUNT
[00546] SWISS REGULATOR PROBES SALES OF LEHMAN SECURITIES
[00547] WOODSIDE PURCHASES LEHMAN'S STAKE IN NIVM
[00548] LBC SETS REDEMPTION DATES FOR MMCPS PREFERRED SHARES
[00549] FITCH AFFIRMS 1 CLASS FROM 1 LSSC RESECURITIZATION
[00550] MOODY'S DOWNGRADES TIERS FRLTC 2006-12 CERTIFICATES
[00551] MOODY'S DOWNGRADES BOSQUE POWER'S RATING TO B2
[00552] MOODY'S DOWNGRADES TIERS GEORGIA TRUST, SERIES 2007-21
[00553] MOODY'S DOWNGRADES STEERS MORNINGSIDE CDO TRUST
[00554] MOODY'S DOWNGRADES CPORTS 2006-4 SEGREGATED PORTFOLIO
[00555] MOODY'S LOWERS RATINGS ON TRANSACTIONS EXPOSED TO LBSFI
[00556] MOODY'S REVIEWS FOR DOWGRADE LEHMAN 2007-LLF C5
[00557] MOODY'S DOWNGRADES LB ENHANCED LIBOR FUND TO A/MR5
[00558] MOODY'S REVISES NOMURA'S OUTLOOK TO NEGATIVE
[00559] S&P LOWERS LEHMAN FLOATING RATE COMM. MORTGAGE RATINGS
[00560] FITCH WITHDRAWS LEHMAN BROTHERS HOLDINGS RATINGS
[00561] MOODY'S CUTS DERIVATIVE DEALS' RATINGS EXPOSED TO LEHMAN
[00562] FITCH DOWNGRADES 2 CLASSES OF LEHMAN BROTHERS 2007-LLF C5
[00563] LIST OF FIRMS REPORTING LEHMAN EXPOSURES
[00564] MOODY'S DOWNGRADES FONTAINEBLEAU'S CFR TO CAA1
[00565] MOODY'S TAKES ACTION ON SWISS CHEETAH, SERIES 2004-1
[00566] MOODY'S DOWNGRADES NOTES ISSUED BY ELM B.V.
[00567] MOODY'S CHANGES RATINGS OF BANK OF VALLETTA (MALTA)
[00568] MOODY'S DOWNGRADES NOTES BY NATIXIS STRUCTURED PRODUCTS
[00569] MOODY'S TAKES ACTION ON SWISS CHEETAH LLC APT 3B
[00570] MOODY'S TAKES ACTION ON STRATA TRUST, SERIES 2005-9
[00571] MOODY'S TAKES ACTION ON STEERS CDO SQUARED TRUST 2005-1
[00572] MOODY'S DOWNGRADES NOTES ISSUED BY BETSEN CDO LIMITED
[00573] MOODY'S DOWNGRADES NOTES BY MAGNOLIA FINANCE IV PLC
[00574] FITCH AFFIRMS 1 CLASS FROM 1 LSSC 2004-1
[00575] S&P LOWERS LEHMAN CLASS L FLOATING RATE CERTS. TO 'B-'
[00576] CHASE FIRM PROBES SALE OF LEHMAN SERIES J STOCK
[00577] SONN & EREZ PROBES LEHMAN PROTECTED NOTES CLAIMS
[00578] LOVELL STEWART AND BASHIAN FIRMS SUE LEHMAN EXECS. & UBS
[00579] KLAYMAN FILES SUIT FOR LEHMAN NOTEBUYERS FROM UBS
[00580] GIRARD GIBBS FILES CLASS SUIT VS. UBS OVER LEHMAN NOTES
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
[00475] NY COMPTROLLER'S MOTION FOR APPOINTMENT OF TRUSTEE
[00476] CEO RICHARD FULD TO LEAVE POST BY YEAR-END
[00477] ADVERSARY PROCEEDING -- Evergreen vs. Barclays & Lehman
[00478] A&M MEETS WITH LEHMAN CREDITORS; EURO UNIT OWES LBHI $8BB
[00479] ADVERSARY PROCEEDING -- Miron Berenshteyn vs. LBHI
[00480] ADVERSARY PROCEEDING -- Royal Bank America vs. Lehman SF
[00481] ADVERSARY PROCEEDING -- Deutsche Bank vs. LBHI
[00482] STIPULATION ON LBI'S RETURN OF $11.5-MIL. TO HARBINGER
[00483] STIPULATION ON LBI'S RETURN OF $23.14-MIL. TO BARCLAYS
[00484] WALT DISNEY'S MOTION FOR AN EXAMINER IN DEBTORS' CASES
[00485] DEBTORS' MOTION TO IMPLEMENT RECRUITMENT PROGRAM
[00486] DEBTORS' MOTION TO SELL AIRCRAFT TO PEGASUS FOR $25.4M
[00487] DEBTORS' MOTION TO EXTEND DEADLINE TO FILE SCHEDULES
[00488] BAIN/HELMAN'S $2.15-BIL. NAMED STALKING-HORSE BID FOR NB
[00489] LBHI'S MOTION TO SELL 50-ACRE N.J. PROPERTY FOR $6.25-MIL
[00490] DEBTORS' MOTION TO MAINTAIN WORKERS' INSURANCE PROGRAMS
[00491] DEBTORS' MOTION TO PAY OF $8.9-MIL. PREPETITION TAXES
[00492] DEBTORS' MOTION TO USE EXISTING CASH MANAGEMENT SYSTEM
[00493] LEHMAN WINS COURT NOD ON SALE OF U.S. UNITS TO BARCLAYS
[00494] DEBTORS' MOTION TO REJECT LBFP'S HEDGING DEAL W/ WESTLB
[00495] DEBTORS' MOTION TO BORROW $450 MILLION FROM BARCLAYS BANK
[00496] LBHI'S MOTION TO LIMIT TRADING TO KEEP VALUE OF $10B NOL
[00497] ADVERSARY PROCEEDING -- SIPC vs. Lehman Brothers Inc.
[00498] LBI TRUSTEE'S MOTION TO EXTEND LEASE DECISION PERIOD
[00499] LBI TRUSTEE'S MOTION FOR DE MINIMIS ASSET SALE PROTOCOL
[00500] LBI TRUSTEE'S APPLICATION TO HIRE NORTON AS U.K. COUNSEL
[00501] BARCLAYS' MOTION TO EXCLUDE 179 PACTS FROM LBI SALE ORDER
[00502] CONTRACTS ASSIGNED TO BARCLAYS AS PART OF LBI SALE
[00503] GTS' MOTION TO DIRECT LEHMAN TO ASSUME SERVICING CONTRACT
[00504] SIXTH GEAR'S MOTION FOR IMMEDIATE ASSUMPTION OF MRA
[00505] DNB'S MOTION TO LIFT STAY TO SET OFF $18-MIL. DEPOSIT
[00506] COMMITTEE INVESTIGATES JPMC FOR FREEZING LBHI'S $17-BIL.
[00507] HARBINGER'S MOTION TO DEPOSE LEHMAN ON FUNDS TRANSFER
[00508] NEWPORT FUNDS' MOTION TO DEPOSE LBHI ON LOST TRANSFERS
[00509] VANGUARD'S MOTION FOR SCREENING WALL TO CONTINUE TRADING
[00510] KUNTZ'S MOTION TO LIFT STAY TO PURSUE GRAND UNION CLAIMS
[00511] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[00512] DEBTORS' MOTION TO IMPLEMENT COMPENSATION PROCEDURES
[00513] DEBTORS' APPLICATION TO HIRE SIMPSON AS SPECIAL COUNSEL
[00514] DEBTORS' APPLICATION TO HIRE McKEE NELSON AS TAX COUNSEL
[00515] COMMITTEE'S APPLICATION TO EMPLOY MILBANK AS LEAD COUNSEL
[00516] COMMITTEE'S APPLICATION TO HIRE QUINN AS SPECIAL COUNSEL
[00517] COMMITTEE'S APPLICATION TO TAP HOULIHAN AS INVEST. BANKER
[00518] COMMITTEE'S APPLICATION TO HIRE FTI AS FINANCIAL ADVISER
[00519] STIPULATION ALLOWING COMPLETION OF FOREIGN CURRENCY TRADE
[00520] STIPULATION ALLOWING DNB TO SET-OFF TERMINATION PAYMENT
[00521] RULE 2019 STATEMENT -- Nixon Peabody LLP
[00522] RULE 2019 STATEMENT -- Hahn & Hessen
[00523] RULE 2019 STATEMENT -- Peitzman, Weg & Kempinsky
[00524] RULE 2019 STATEMENT -- Proskauer Rose
[00525] RULE 2019 STATEMENT -- Holland & Knight
[00526] RULE 2019 STATEMENT -- Davis Polk & Wardwell
[00527] RULE 2019 STATEMENT -- Wachtell, Lipton, Rosen & Katz
[00528] RULE 2019 STATEMENT -- Arent Fox
[00529] RULE 2019 STATEMENT -- Stevens & Lee
[00530] RULE 2019 STATEMENT -- Troutman Sanders
[00531] RULE 2019 STATEMENT -- Orrick, Herrington & Sutcliffe
[00532] RULE 2019 STATEMENT -- Shearman & Sterling
[00533] RULE 2019 STATEMENT -- Greenberg Traurig
[00534] WFP TOWER'S MOTION TO COMPEL POSTPETITION RENT PAYMENT
[00535] 125NORTH10 LLC'S MOTION TO COMPEL ADMIN EXPENSE PAYMENT
[00536] MISO'S MOTION TO LIFT STAY TO EXERCISE SET-OFF RIGHTS
[00537] DEBTORS' MOTION TO PAY PREPETITION ART-HANDLER FEES
[00538] DEKABANK'S MOTION TO LIFT STAY TO TERMINATE CONTRACT
[00539] STIPULATION PROVIDING FOR LBI'S RETURN OF EJF'S $5.35-MIL
[00540] LOCAL GOVERNMENTS IN NEW SOUTH WALES EXPOSED TO LEHMAN
[00541] SINGAPORE RECEIVES TWO RESTRUCTURING BIDS FOR MINIBONDS
[00542] BARCLAYS STARTS TRADING IN ACQUIRED FIXED INCOME BIZ.
[00543] SINGAPORE'S DBS TO CLIENTS: LEHM NOTES MAY HAVE NO VALUE
[00544] DTCC SUCCESSFULLY CLOSES OUT LEHMAN BROTHERS BANKRUPTCY
[00545] CHINALCO MOVES RIO TINTO SHARES FROM LBIE TO NEW ACCOUNT
[00546] SWISS REGULATOR PROBES SALES OF LEHMAN SECURITIES
[00547] WOODSIDE PURCHASES LEHMAN'S STAKE IN NIVM
[00548] LBC SETS REDEMPTION DATES FOR MMCPS PREFERRED SHARES
[00549] FITCH AFFIRMS 1 CLASS FROM 1 LSSC RESECURITIZATION
[00550] MOODY'S DOWNGRADES TIERS FRLTC 2006-12 CERTIFICATES
[00551] MOODY'S DOWNGRADES BOSQUE POWER'S RATING TO B2
[00552] MOODY'S DOWNGRADES TIERS GEORGIA TRUST, SERIES 2007-21
[00553] MOODY'S DOWNGRADES STEERS MORNINGSIDE CDO TRUST
[00554] MOODY'S DOWNGRADES CPORTS 2006-4 SEGREGATED PORTFOLIO
[00555] MOODY'S LOWERS RATINGS ON TRANSACTIONS EXPOSED TO LBSFI
[00556] MOODY'S REVIEWS FOR DOWGRADE LEHMAN 2007-LLF C5
[00557] MOODY'S DOWNGRADES LB ENHANCED LIBOR FUND TO A/MR5
[00558] MOODY'S REVISES NOMURA'S OUTLOOK TO NEGATIVE
[00559] S&P LOWERS LEHMAN FLOATING RATE COMM. MORTGAGE RATINGS
[00560] FITCH WITHDRAWS LEHMAN BROTHERS HOLDINGS RATINGS
[00561] MOODY'S CUTS DERIVATIVE DEALS' RATINGS EXPOSED TO LEHMAN
[00562] FITCH DOWNGRADES 2 CLASSES OF LEHMAN BROTHERS 2007-LLF C5
[00563] LIST OF FIRMS REPORTING LEHMAN EXPOSURES
[00564] MOODY'S DOWNGRADES FONTAINEBLEAU'S CFR TO CAA1
[00565] MOODY'S TAKES ACTION ON SWISS CHEETAH, SERIES 2004-1
[00566] MOODY'S DOWNGRADES NOTES ISSUED BY ELM B.V.
[00567] MOODY'S CHANGES RATINGS OF BANK OF VALLETTA (MALTA)
[00568] MOODY'S DOWNGRADES NOTES BY NATIXIS STRUCTURED PRODUCTS
[00569] MOODY'S TAKES ACTION ON SWISS CHEETAH LLC APT 3B
[00570] MOODY'S TAKES ACTION ON STRATA TRUST, SERIES 2005-9
[00571] MOODY'S TAKES ACTION ON STEERS CDO SQUARED TRUST 2005-1
[00572] MOODY'S DOWNGRADES NOTES ISSUED BY BETSEN CDO LIMITED
[00573] MOODY'S DOWNGRADES NOTES BY MAGNOLIA FINANCE IV PLC
[00574] FITCH AFFIRMS 1 CLASS FROM 1 LSSC 2004-1
[00575] S&P LOWERS LEHMAN CLASS L FLOATING RATE CERTS. TO 'B-'
[00576] CHASE FIRM PROBES SALE OF LEHMAN SERIES J STOCK
[00577] SONN & EREZ PROBES LEHMAN PROTECTED NOTES CLAIMS
[00578] LOVELL STEWART AND BASHIAN FIRMS SUE LEHMAN EXECS. & UBS
[00579] KLAYMAN FILES SUIT FOR LEHMAN NOTEBUYERS FROM UBS
[00580] GIRARD GIBBS FILES CLASS SUIT VS. UBS OVER LEHMAN NOTES
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
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
Tel: (215) 945-7000
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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