Lehman Bros. Holdings Inc. v. Barclays Capital, Inc. (In Re Lehman Bros. Holdings Inc.)

DECISION DENYING MOTION OF LEHMAN BROTHERS HOLDINGS INC. FOR SUMMARY JUDGMENT AND GRANTING MOTION OF BARCLAYS CAPITAL, INC. FOR SUMMARY JUDGMENT ON COUNT II OF ADVERSARY COMPLAINT

JAMES M. PECK, Bankruptcy Judge.

The court heard oral argument on September 7, 2011 on pending cross-motions for summary judgment in relation to breach of contract claims stated in Count II of the adversary complaint. These claims all relate to certain liabilities assumed by Barclays Capital, Inc. (“Bar-clays”) to pay bonus compensation to former employees of Lehman Brothers Inc. (“LBI”) who became employees of…