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Best’s News & Research Service subscription required - March 18, 2024 02:54 PM (EDT)

Bankrupt Lehman Unit Loses Appeal for $485 Million Claw Back

A New York appellate court has upheld a ruling that an Assured Guaranty Ltd. unit is not obligated to repay an arm of the bankrupt Lehman Brothers bank $485 million in securities it was seeking to . . .

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