Lehman Brothers Holdings to explore claims monetization opportunities

By Caroline Salls

Pittsburgh, Aug. 28 – Lehman Brothers Holdings Inc. plans to explore monetization opportunities related to some remaining allowed general unsecured claims against Lehman Brothers Inc., according to a news release.

The company said there is no guarantee that it will proceed with any of those opportunities.

Lehman is represented in its Chapter 11 cases by Weil, Gotshal & Manges LLP.

New York-based Lehman Brothers Holdings Inc. was the fourth-largest investment bank in the United States. The company emerged from bankruptcy on March 6, 2012.

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