Liquidation

The Daily Docket: Lehman to Sell Neuberger Stake

11/11/11

Lehman Brothers Holdings Inc. will sell its 49% stake in asset manager Neuberger Berman to Neuberger’s employees for $1.5 billion, which would benefit Lehman’s creditors and put Neuberger on a path toward 100% employee ownership. Read the Daily Bankruptcy Review article here.

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Syms Shareholders May Get Bankruptcy Committee

11/10/11
Bloomberg

Federal bankruptcy monitors are scouting for shareholders willing to serve on an official committee representing equity stakeholders in the bankruptcy liquidation of cu

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