Lehman Brothers and its lawyers at Weil, Gotshal & Manges sent a clear message this week to the judge hearing Lehman’s bankruptcy case: Make public the full report about Lehman’s demise. In a motion filed Monday by Weil’s Harvey Miller, Lehman says it has cooperated fully with the special examiner investigating the bank’s failure and has turned over more than 20 million pages of e-mail. (The motion is available for download below.)
The examiner in the case, Jenner & Block chairman Anton Valukas, was given full subpoena power to investigate Lehman’s epic fall, as previously reported in this space. Issues of particular interest include whether Barclays got a sweetheart deal when it purchased Lehman’s North American operations days after Lehman filed for bankruptcy; how Lehman shifted billions from unit to unit hours before its bankruptcy filing; and whether JPMorgan Chase acted appropriately as Lehman’s main lender, according to Bloomberg and our prior reporting.
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