After 10 years, the fight over Lehman Brothers' mortgage claims is over. In a final dispute over the defunct bank's residential mortgage-backed securities, a Manhattan bankruptcy court judge dealt a group of mostly hedge funds a whopping defeat. Judge Shelley Chapman ruled Thursday, after a 22-day trial, that the hedge funds were entitled to about...
After 10 years, the fight over Lehman Brothers' mortgage claims is over. In a final dispute over the defunct bank's residential mortgage-backed securities, a Manhattan bankruptcy court judge dealt a group of mostly hedge funds a whopping defeat. Judge Shelley Chapman ruled Thursday, after a 22-day trial, that the hedge funds were entitled to about...
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