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Article: Barclays, GLG Partners, Abu Dhabi Among Lehman Claimants
- Article from:
- Reuters Hedgeworld
- Article date:
- September 23, 2009
CopyrightCopyright 2009 Reuters Hedgeworld. Provided by ProQuest LLC. (Hide copyright information)
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NEW YORK (Reuters) - The list of investors filing billion dollar
claims against Lehman Brothers illustrates the global damage caused
by its collapse, with companies from the United States, Europe and
Abu Dhabi making some of the largest demands.
Barclays Bank, Morgan Stanley, GLG Partners, The Abu Dhabi
Investment Authority and the Reserve Primary Fund are among the
companies that took the largest losses from debt and derivatives
held with Lehman Brothers, according to claims.
Lehman's investors and trading counterparties faced a deadline on
Tuesday [Sept. 22] to file claims after the bank collapsed in the
biggest bankruptcy in U.S. history a year ago. Not all claims have
yet been posted ...