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Creditors of Lehman Brothers Holdings Inc.’s U.K. arm, Lehman Brothers International Europe, might get all their money returned to them. Read the article via Daily Bankruptcy Review.

A team of turnaround professionals has struck out from advisory firm Conway MacKenzie to launch a new firm that will not only advise and lead troubled companies but may also invest in some of those businesses.

Larry Perkins, a former Conway senior managing director, is leading the eight-person team behind Sierra Constellation Partners LLC, which he says offers a new way of helping troubled middle-market companies and their stakeholders.

“Our industry…has matured a lot,” Mr. Perkins told Daily Bankruptcy Review Thursday. “I think the market is searching for a new model.”

This week on The Broke and the Beautiful, “Game of Thrones” star Lena Headey is in financial turmoil, and actor Kevin Costner is fighting a revenue dispute in bankruptcy court. Also, the NCAA is being accused on closing the books on an investigation too soon.

U.S. Trustee Tracy Hope Davis, a federal bankruptcy monitor, is railing against Residential Capital LLC’s bid to pay bonuses to top employees, saying the company must do more to prove some of the bonuses comply with the Bankruptcy Code. Read the Daily Bankruptcy Review article here.

A payment dispute