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Banco Finantia International buys $81 million of claims against Lehman
By Caroline Salls
Pittsburgh, Sept. 3 - Banco Finantia International Ltd. bought $81 million of Banco Finantia SA's claims against Lehman Brothers Holdings Inc., according to Friday filings with the U.S. Bankruptcy Court for the Southern District of New York.
Specifically, Banco Finantia International bought a $59.6 million claim and a $21.4 million claim.
New York-based Lehman Brothers Holdings Inc. was the fourth-largest investment bank in the United States. The company filed for bankruptcy on Sept. 15, 2008. Its Chapter 11 case number is 08-13555.
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