LEHMAN BROTHERS Bankruptcy News, Issue No. 17

(EMAILWIRE.COM, February 25, 2009 ) FAIRLESS HILLS, Pa. -- Feb. 25, 2009 -- Bankruptcy Creditors' Service, Inc., published Issue No. 17 of LEHMAN BROTHERS BANKRUPTCY NEWS today. The 45-page newsletter contains stories with these headlines:

[00862] LEHMAN BROTHERS INKS DEAL TO SELL VENTURE CAPITAL BIZ
[00863] DEBTORS' MOTION TO FUNNEL $272MM TO WOODLANDS COMMERCIAL
[00864] DEBTORS' MOTION TO INJECT $15MM TO LEHMAN BROTHERS BANK
[00865] TWO LBHI UNITS FILE CHAPTER 11 PETITIONS ON FEB. 11, 2009
[00866] DEBTORS' MOTION FOR JOINT ADMINISTRATION OF CH. 11 CASES
[00867] FUNDO DE INVESTIMENTO'S MOTION TO DISMISS CHAPTER 11 CASE
[00868] LEHMAN BROTHERS FINANCE FILES CHAPTER 15 PETITION
[00869] PRICEWATERHOUSE'S MOTION TO DISMISS LBF'S CHAPTER 11 CASE
[00870] EXAMINER'S MOTION TO INVESTIGATE LBHI'S OFFICERS, ET AL.
[00871] COURT APPROVES CHAP. 11 EXAMINER'S PRELIMINARY WORK PLAN
[00872] DEBTORS' MOTION TO APPROVE SETTLEMENT BETWEEN PAMI & FMP
[00873] DEBTORS' MOTION TO GRANT 1ST PRIORITY LIENS TO BROKERS
[00874] DEBTORS' MOTION TO APPROVE TRADE CONFIRMATIONS DECISIONS
[00875] DEBTORS' APPLICATION TO HIRE JONES DAY AS SPECIAL COUNSEL
[00876] EXAMINER'S APPLICATION TO HIRE DUFF AS FINANCIAL ADVISER
[00877] BNC'S MOTION TO REJECT LEASES & SELL DE MINIMIS ASSETS
[00878] LBI TRUSTEE'S MOTION TO APPROVE SETTLEMENT WITH DCC
[00879] LBI TRUSTEE'S MOTION TO ASSUME & ASSIGN MENLO PARK LEASE
[00880] LEHMAN SUES KENT SWIG FOR $368-MIL. OVER LOAN PAYMENTS
[00881] FREDDIE MAC'S MOTION TO PROBE LEHMAN ON $1.2-BIL TRANSFER
[00882] COMMITTEE INVESTIGATES JPMC FOR FREEZING LBHI'S $17-BIL.
[00883] EXAMINER'S APPLICATION TO EMPLOY JENNER AS LEGAL COUNSEL
[00884] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[00885] LBI TRUSTEE'S MOTION TO EXTEND TIME TO DECIDE ON 5 LEASES
[00886] CONTRACTS ASSIGNED TO BARCLAYS AS PART OF LBI SALE
[00887] DEBTORS' STIPULATION WITH BMCA TO PRODUCE DOCUMENTS
[00888] DEBTORS' STIPULATION WITH FIELD POINT TO PRODUCE DOCUMENT
[00889] STIPULATIONS TERMINATING DEALS WITH QUADRANT, ET AL.
[00890] LBI'S STIPULATION WITH TATA AMERICA TO RETURN $35,375
[00891] STIPULATION LIFTING STAY TO CONTINUE KAMBER ACTION
[00892] STIPULATIONS REQUIRING THE RETURN OF MISDIRECTED TRANSFER
[00893] CLEVELAND BARRETT'S MOTION TO LIFT STAY TO PURSUE ACTION
[00894] DEKABANK'S MOTION TO LIFT STAY TO TERMINATE CONTRACT
[00895] LEHMAN COMMERCIAL'S NOTICE OF ADMIN. AGENT TERMINATIONS
[00896] 1407 BROADWAY'S MOTION FOR LBHI TO COMPLY UNDER LOAN PACT
[00897] BARCLAYS' STIPULATION RESOLVING DISPUTE WITH CA INC.
[00898] STIPULATION RESOLVING CLEARBRIDGE LEASE REJECTION DISPUTE
[00899] STIPULATION GOVERNING SETOFF OF LBI ACCOUNTS AT CITIBANK
[00900] STIPULATION LIFTING STAY FOR FSA TO DISPOSE OF COLLATERAL
[00901] ADVERSARY PROCEEDING -- SIPC vs. Lehman Brothers Inc.
[00902] CARRET P.T., ET AL.'S NOTICE OF HEARING ON DISCOVERY
[00903] RULE 2019 STATEMENT -- Lovells LLP
[00904] RULE 2019 STATEMENT -- Latham & Watkins
[00905] RULE 2019 STATEMENT -- Nixon Peabody
[00906] RULE 2019 STATEMENT -- Cleary Gottlieb
[00907] RULE 2019 STATEMENT -- Holland & Knight
[00908] RULE 2019 STATEMENT -- Bingham McCutchen
[00909] RULE 2019 STATEMENT -- Stroock & Stroock & Lavan
[00910] RULE 2019 STATEMENT -- Mayer Brown
[00911] LONG BEACH SUES LEHMAN BROTHERS TO RECOVER $19.9 MILLION
[00912] KPMG WEIGHS ON WHETHER TO SELL LEHMAN'S ASIAN UNITS

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LEHMAN BROTHERS BANKRUPTCY NEWS tracks the restructuring of Lehman Brothers Holdings Inc.

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LEHMAN BROTHERS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
(215) 945-7000
peter@bankrupt.com