Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Lehman Brokerage Trustee Seeks Fees, Expenses of $37.5 Million

Don't Miss Out —
Follow us on:

May 23 (Bloomberg) -- The law firm of the trustee liquidating the Lehman Brothers Inc. brokerage asked a judge to approve fees and expenses of $37.5 million for the period from July 1 through February 28.

A bankruptcy judge previously approved $212.7 million in fees and expenses for James Giddens and the law firm of Hughes Hubbard & Reed LLP for the four-and-a-half years since September 2008, according to a federal court filing in Manhattan yesterday. Giddens hasn’t yet told brokerage customers when they will be paid.

Link to Company News:{LEHMQ US <Equity> CN <GO>} Link to Company News:{1218L US <Equity> CN <GO>}

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Andrew Dunn at adunn8@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.