JPMorgan argues Bankruptcy Court shouldn't decide Lehman case

08/8/2011 | Bloomberg

Lehman Brothers Holdings' case that alleges that JPMorgan Chase hastened Lehman's fall must be heard by a U.S. District Court rather than a Bankruptcy Court, JPMorgan argued in a court filing. JPMorgan cited the U.S. Supreme Court's ruling in Stern v. Marshall -- the Anna Nicole Smith case -- in making its argument, although Lehman disputed the interpretation of that case. Other recent cases, including one involving financier Bernard Madoff, also have affected the power of bankruptcy courts.

View Full Article in:

Bloomberg

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC
Pharmacy Benefit Analyst/ Auditor
Confidential
Nationwide, SL_Nationwide