Judge OKs Lehman Collateral Transfer To JPMorgan

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Judge OKs Lehman Collateral Transfer To JPMorgan

A judge for the U.S. Bankruptcy Court for the Southern District of New York today approved a motion to transfer billions of dollars in impounded Lehman Brothers Holdings Inc. collateral to JPMorgan, but left the door open for Lehman to try and recover the monies at a later date.

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