In re Lehman Bros.

MEMORANDUM OPINION GRANTING THE TRUSTEE’S TWENTY-EIGHTH OMNIBUS OBJECTION TO GENERAL CREDITOR CLAIMS (LATE-FILED CLAIMS)

JAMES M. PECK, UNITED STATES BANKRUPTCY JUDGE

Introduction

The provisions of the Securities Investor Protection Act of 1970, as amended, 15 U.S.C. §§ 78aaa et seq. (“SIPA”), governing the filing of claims in this largest ever broker-dealer liquidation impose time limits that subject all customers and claimants to a well-defined deadline with few permitted exceptions. SIPA mandates that all claims against the estate must be *440filed within six months after the date of commencement…