RBF Law Case Discussed in Law360 Article “Lehman Throws Support Behind RMBS Settlement”

Lehman Brothers Holdings Inc. urged a New York bankruptcy court on Friday to approve a grand bargain to end claims over billions of dollars’ worth of dud financial-crisis-era mortgage-backed securities that it sold to investors who were left holding them after the bank’s failure.

If a judge approves the motion at a hearing on Thursday, it will yield a multiweek estimation proceeding in coming months that will resolve billions of dollars’ worth of claims for repurchase of MBS that lost value in the financial crisis.

Read the full article here.

Learn more about Michael Rollin and Maritza Dominguez Braswell.