Lehman Claims Move Riles Counterparties

A host of Lehman Brothers’ derivatives counterparties, including Société Générale and Canadian Imperial Bank of Commerce, filed objections this week to the bankrupt firm’s attempts to expedite claims against the estate.

  • 07 Jan 2010

--Zeke Faux

A host of Lehman Brothers’ derivatives counterparties, including Société Générale and Canadian Imperial Bank of Commerce, filed objections this week to the bankrupt firm’s attempts to expedite claims against the estate.

The counterparties are opposed to a motion that would allow Lehman to file objections to claims in ...

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