Liquidation

The Daily Docket: U.K. Court Backs Lehman U.S.

03/01/12

The U.K. Supreme Court said Wednesday that billions of dollars in client cash belongs to customers of Lehman Brothers Holdings Inc.’s U.S. brokerage whether it was properly segregated or not, a win for customers of Lehman’s U.S. unit and the trustee winding down the business. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: Trump to Buy Doral

02/29/12

A company controlled by real-estate mogul Donald Trump is set to buy the Doral Golf Resort & Spa in Miami out of Chapter 11 protection and prepare it for a massive renovation after no other bidders stepped up to challenge its $150 million offer for the iconic resort. Read the Daily Bankruptcy Review article here.

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