Reuters logo
in 3 months
BRIEF-Federal Home Loan Bank Of New York reaches an agreement in case relating to 2008 Lehman Brothers
April 12, 2017 / 8:40 PM / in 3 months

BRIEF-Federal Home Loan Bank Of New York reaches an agreement in case relating to 2008 Lehman Brothers

1 Min Read

April 12 (Reuters) - Federal Home Loan Bank Of New York :

* Federal Home Loan Bank Of New York says reached an agreement in principle to settle all claims pending in United States bankruptcy court in case relating to 2008 Lehman Brothers

* Federal Home Loan Bank Of New York says settlement provides that bank will pay $70 million to Lehman Bankruptcy estate

* Federal Home Loan Bank Of New York says bank has sufficient retained earnings to cover settlement Source text:(bit.ly/2p9H6s9) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below