Legal Opinion

Schwartz v. Lehman Bros. Holdings Inc. (In re Lehman Bros. Holdings Inc.)

District Court, S.D. New York

Decided March 30, 2016No. 15-cv-1302 (RJS), No. 15-cv-1326 (RJS), No. 15-cv-1368 (RJS), No. 15-cv-1376 (RJS), No. 15-cv-1407 (RJS), No. 15-cv-1431 (RJS), No. 15-cv-1700 (RJS)PublishedCited by 5 opinions

1Opinion of the Court

OPINION AND ORDER

RICHARD J. SULLIVAN, District Judge

Now before the Court are seven related appeals from a November 7, 2014 .Order of the United States Bankruptcy Court (the “November 7 Order”) sustaining the omnibus objections of the Debtor-Appellee, Lehman Brothers Holdings Inc. (“’Lehman” or the “Firm”), to the claims filed by certain of its former employees (“Appellants”) and reclassifying those claims as “equity interests” for distribution purposes. For the reasons set forth below, the Court affirms the Bankruptcy Court’s thorough and well-reasoned decision.

I. Background

Appellants are…

2Cases cited13 opinions

  1. Federal Maritime Commission v. South Carolina State Ports AuthoritySupreme Court of the United States · 2002
  2. Solow v. KalikowCourt of Appeals for the Second Circuit · 2010
  3. ASM Capital, LP v. Ames Department Stores, Inc. (In Re Ames Department Stores, Inc.)Court of Appeals for the Second Circuit · 2009
  4. Stirling Homex Corporation v. RaichleCourt of Appeals for the First Circuit · 1978
  5. In Re Med Diversified, Inc., Debtor. David Rombro v. Michael Dufrayne, Trustee of the Med Diversified, Inc. Creditors' TrustCourt of Appeals for the Second Circuit · 2006

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3Cited by5 opinions

  1. Adler v. Lehman Bros. Holdings Inc. (In re Lehman Bros. Holdings Inc.)Court of Appeals for the Second Circuit · 2017
  2. Ditech Holding CorporationUnited States Bankruptcy Court, S.D. New York · 2024
  3. In re: Lehman Bros.Court of Appeals for the Second Circuit · 2017
  4. Lopez v. LopezDistrict Court, E.D. New York · 2023
  5. Rora LLC v. 404 East 79th Street Lender LLCDistrict Court, E.D. New York · 2021

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