Exxon Casts Doubt on Own Letter in $250 Million Lehman Lawsuit

  • Bank liquidator, Exxon fight over millions in London court
  • Exxon says its own initial default notice letter was invalid

The liquidators of Lehman Brothers Holdings Inc.’s London unit said Exxon Mobil Corp. wrongly valued collateral used in a $250 million short-term lending deal that fell apart when the bank collapsed nearly eight years ago.

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