LEHMAN BROTHERS Bankruptcy News, Issue No. 59

BCSI reports on latest events arising in the chapter 11 cases commenced by Lehman Brothers Holdings Inc.

(EMAILWIRE.COM, October 24, 2010 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 59 of LEHMAN BROTHERS BANKRUPTCY NEWS today. The 35-page newsletter contains stories with these headlines:


[02508] JUDGE PECK SAYS HE NEVER APPROVED ASSET SALE DETAILS
[02509] DEBTORS' MOTION TO MODIFY NORTH AMERICAN BIZ SALE ORDER
[02510] DEBTORS' MOTION TO STAY AVOIDANCE ACTIONS
[02511] DEBTORS' MOTION TO APPROVE SETTLEMENT WITH AMBAC
[02512] DEBTORS' MOTION TO APPROVE SETTLEMENT WITH SUNCAL TRUSTEE
[02513] LBSF'S MOTION TO APPROVE SETTLEMENT W/ SOCIETE GENERALE
[02514] MERIT, ET AL.'S MOTION TO EXTEND EXCLUSIVE PERIODS
[02515] DEBTORS' MOTION TO SET PROTOCOLS TO TERMINATE COMMITMENTS
[02516] DEBTORS' MOTION TO SETTLE ORDINARY COURSE CLAIMS
[02517] DEBTORS' MOTION TO SET DE MINIMIS ASSETS SALE PROCEDURES
[02518] DEBTORS' APPLICATION TO TAP DE NOVO AS SERVICE PROVIDER
[02519] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[02520] LBSF'S MOTION TO ENFORCE STAY AGAINST PT-MOBILE-8
[02521] LBHI'S APPLICATION TO TAP MMOR AS TAX SERVICES PROVIDER
[02522] LBHI'S APPLICATION FOR LAZARD FRERES AS INVESTMENT BANKER
[02523] DEBTORS' OMNIBUS OBJECTIONS TO CLAIMS
[02524] ADVERSARY PROCEEDING -- LBHI vs. JPMorgan Chase Bank
[02525] ADVERSARY PROCEEDINGS -- LBHI & LBSF vs. Nomura Entities
[02526] CAIXA'S MOTION TO ASSIGN INTERESTS IN PROMISSORY NOTE
[02527] PEARL ASSURANCE'S MOTION TO DEEM CLAIMS AS TIMELY FILED
[02528] NEWPORT GLOBAL'S MOTION TO INVESTIGATE LBI
[02529] MAINSTAY HIGH'S MOTION TO DIRECT RELEASE OF COLLATERAL
[02530] STIPULATIONS CLOSING TRANSACTIONS BETWEEN LBI & BANKS
[02531] OBJECTIONS TO LBI TRUSTEE'S DENIAL OF 100++ CLAIMS
[02532] LBI SIPA PROFESSIONALS' INTERIM FEE APPLICATIONS
[02533] RULE 2019 STATEMENT -- Arent Fox
[02534] RULE 2019 STATEMENT -- Becker Glynn Melamed & Muffly LLP
[02535] RULE 2019 STATEMENT -- Clifford Chance US
[02536] RULE 2019 STATEMENT -- Freshfields Bruckhaus
[02537] RULE 2019 STATEMENT -- Seward & Kissel LLP
[02538] RULE 2019 STATEMENT -- Shearman & Sterling
[02539] CLAIMS WITHDRAWAL -- October 6 to 21, 2010
[02540] LEHMAN BROTHERS FILES 2009 SAVINGS PLAN REPORT
[02541] LBI DELAYS AUG. 2010 QUARTER RESULTS FILING ON FORM 10-Q
[02542] LBIE RELEASES REPORT FOR FIRST 2 YEARS IN ADMINISTRATION
[02543] HKMA REPORTS PROGRESS OF PROBE ON LEHMAN-RELATED CASES
[02544] DEBTORS' MONTHLY OPERATING REPORT -- Ended Sept. 30, 2010


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LEHMAN BROTHERS BANKRUPTCY NEWS tracks the restructuring of Lehman Brothers Holdings Inc.

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LEHMAN BROTHERS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com