BarCap purchase of Lehman assets challenged in court

09/16/2009 | Financial Times (tiered subscription model)

Barclays Capital's acquisition of Lehman Brothers' North American investment-banking assets is being challenged in court by representatives of the Lehman estate. The challenge alleges that as much as $8 billion in cash and securities was transferred to Barclays without the court's knowledge. The representatives asked that the sale be undone.

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