23 September 2008

Update on Lehman Brothers Bankruptcy

Meriel Schindler
Partner | UK

The bankruptcy petition filed by Lehman Brothers Holdings Inc. on Monday, September 15, 2008 is the largest bankruptcy filing in United States history. In the past week, our firm has received numerous inquiries seeking information concerning the status of the bankruptcy proceeding, as well as the impact of that proceeding on contractual rights, employment relationships and assets held by Lehman and its subsidiaries around the world. Attached is a U.S. Litigation Alert setting forth general information concerning the Lehman bankruptcy and answers to frequently asked questions.

As the Lehman bankruptcy is proceeding at an unusually fast pace, further updates concerning the US bankruptcy case and ancillary proceedings may be obtained from the attorneys listed in the attached Alert, or from your regular contact at the firm.

Meriel Schindler Partner | London

Category: Article