Judge OKs Lehman Asset Transfer To Barclays

U.S. Bankruptcy Judge James Peck has approved a request by the trustee handling the liquidation of Lehman Brothers Holdings’ brokerage business to transfer customer funds to new accounts at Barclays.

  • 11 Dec 2009
U.S. Bankruptcy Judge James Peck has approved a request by the trustee handling the liquidation of Lehman Brothers Holdings’ brokerage business to transfer customer funds to new accounts at Barclays. Some Lehman investors had objected to the move affecting some USD1.7 billion in assets. Those investors expressed concern ...

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