Lehman Settles Glenview Entities' Claims for $4.5-Mil.

FAIRLESS HILLS, Pa. -- Lehman Commercial Paper Inc., a unit of Lehman Brothers Holdings, Inc., settled the claims filed by a group of creditors called the Glenview Entities for $4.5 million.  The claims originally asserted more than $5 million.

More news on the Lehman Brothers case, including the Bankruptcy Court's go signal for a joint hearing of the disclosure statements explaining the rival plans of reorganization proposed for Lehman, is available in LEHMAN BROTHERS Bankruptcy News, Issue No. 76 published by Bankruptcy Creditors' Service, Inc.

The 24-page newsletter contains stories with these headlines:

[03011] PAULSON, ET AL. TO PRESENT RIVAL PLAN AT JUNE 28 HEARING

[03012] LEHMAN CREDITORS' MOTION TO APPROVE DISCLOSURE STATEMENT

[03013] DEBTORS SEEK TO IMPLEMENT CONFIRMATION DISCOVERY PROCESS

[03014] BARCLAYS SEEKS TO CONFIRM LEHMAN BROKERAGE ASSETS' VALUE

[03015] DEBTORS' MOTION FOR COMPLIANCE WITH BANKRUPTCY RULE 2019

[03016] DEBTORS' MOTION TO INVEST IN NEW YORK PROPERTIES

[03017] DEBTORS' MOTION TO APPROVE CLAIMS ADR PROCEDURES

[03018] DEBTORS' MOTION TO RESOLVE DERIVATIVE CONTRACT CLAIMS

[03019] DEBTORS' MOTION TO ISSUE SUBPOENAS FOR DEPOSITION

[03020] LCPI'S MOTION TO ALLOW LEHMAN ALI TO OKAY INNKEEPERS DEAL

[03021] LCPI'S MOTION TO PURCHASE NOTES ISSUED BY PINE CCS

[03022] LEHMAN COMMERCIAL'S NOTICE OF ADMIN. AGENT TERMINATIONS

[03023] WALTZ'S MOTION FOR ABSTENTION OF ACTIONS IN LEHMAN CASES

[03024] IRONBRIDGE HOMEOWNERS' MOTION FOR DOCUMENT PRODUCTION

[03025] MERRILL LYNCH'S MOTION TO LIFT STAY TO DISPOSE COLLATERAL

[03026] TRUSTEE'S MOTION TO UPHOLD DETERMINATION OF 4 CLAIMS

[03027] RETAINED PROFESSIONALS' INTERIM FEE APPLICATIONS

[03028] LBI SIPA PROFESSIONALS' INTERIM FEE APPLICATIONS

[03029] DEBTORS' OMNIBUS OBJECTIONS TO CLAIMS

[03030] OBJECTIONS TO LBI TRUSTEE'S DENIAL OF 100++ CLAIMS

[03031] STIPULATION SETTLING GLENVIEW ENTITIES' $5.6-MIL. CLAIMS

[03032] STIPULATIONS CLOSING TRANSACTIONS BETWEEN LBI & BANKS

[03033] STIPULATIONS REQUIRING THE RETURN OF MISDIRECTED TRANSFER

[03034] CLAIMS WITHDRAWAL -- April 8 to 12, 2011

[03035] RULE 2019 STATEMENTS -- Duane Morris, et al.

[03036] RULE 2019 STATEMENT -- Katten Muchin Rosenman

[03037] RULE 2019 STATEMENT -- Sullivan & Worcester LLP

[03038] VERNON SAYS FINRA'S $2.5MM FINE OF UBS FOR DECEPTION WEAK

[03039] LEHMAN TO SELL STAKE IN REAL ESTATE PROJECTS, NEWS SAYS

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

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