• Tim Knight from...
    09/16/2014 - 21:37
    What if it had gone differently? What if, six years ago, in the throes of the financial crisis, the political leaders in D.C. had decided that enough was enough, and they were going to seize the...
  • williambanzai7
    09/16/2014 - 12:16
    I have tons of good stuff to post, but this morning I'm feeling something like this...

Lehman

Tyler Durden's picture

Alvarez Asks For $400,000/Day To Let Lehman Creditors Sort Out Their Own Mess





Restructuring consultancy firm Alvarez & Marsal has decided to take the easy way out, and simply give creditors in the Lehman's bankruptcy equity instead of trying to maximize cash recoveries. The bulk of Lehman's residual value (or lack thereof) is contained in its hard to value real estate and private equity assets.

 
Tyler Durden's picture

Anton Valukas Named Examiner in Lehman Bankruptcy Case





Anton Valukas, a Jenner and Block lawyer who specializes in criminal law and business litigation, was appointed the role of examiner in Lehman's bankruptcy case.

 
Tyler Durden's picture

Lehman Carcass: Feeding Ground for 513 Lawyers





A notice sent out yesterday to all known and unknown lawyers involved in the "biggest bankruptcy of all time" can be found here.


Lawyers A Thru C, for full list click above

 
Tyler Durden's picture

Lehman Carcass: Feeding Ground for 513 Lawyers





A notice sent out yesterday to all known and unknown lawyers involved in the "biggest bankruptcy of all time" can be found here.


Lawyers A Thru C, for full list click above

 
Tyler Durden's picture

Lehman Posts Bankruptcy Status Update





Once the 4th largest investment bank in the U.S., and the house that Dick Fuld built, Lehman Brothers' today posted an update of its reorganization status in an 8K with the SEC. In a very interesting analysis by Alvarez & Marsal, several things become obvious.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!