Lehman Brothers Holdings Face Trustees Claims

Lehman Brothers Holdings Inc. defended against allegations last week from the residential mortgage-backed securities (RMBS) trustees—as the trustees questioned the bank on the value of the claims submitted during the financial crisis in 2008, according to pretrial briefs in an article released by Law360. Ultimately the issue here is that trustees argue Lehman Brothers’ “straightforward …

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Source: DS News

2017-10-20T18:48:38-06:00