LEHMAN BROTHERS Bankruptcy News, Issue No. 38

(EMAILWIRE.COM, December 30, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 38 of LEHMAN BROTHERS BANKRUPTCY NEWS today. The 40-page newsletter contains stories with these headlines:

[01670] LEHMAN CREDITORS' COMMITTEE MEMBERS REDUCED TO 5
[01671] DEBTORS' MOTION TO SELL ASSET-BACKED SECURITIES
[01672] DEBTORS' MOTION TO SETTLE ORDINARY COURSE CLAIMS
[01673] DEBTORS' MOTION TO APPROVE CLAIMS OBJECTION PROCEDURES
[01674] DEBTORS' MOTION TO APPROVE DEAL WITH LBB ADMINISTRATOR
[01675] LBHI'S APPLICATION TO HIRE CB RICHARD AS BROKER
[01676] DEBTORS' MOTION TO SET DE MINIMIS ASSETS SALE PROCEDURES
[01677] DEBTORS' MOTION TO SET PROTOCOLS TO TERMINATE COMMITMENTS
[01678] LBSF'S MOTION FOR CAPITAL AUTO TO PERFORM OBLIGATION
[01679] DEBTORS' MOTION TO APPROVE $580MM LOAN RESTRUCTURING DEAL
[01680] DEBTORS' MOTION TO INJECT $100-MIL. TO AURORA BANK
[01681] LBSF'S MOTION TO APPROVE LIBRO'S WAIVER OF PAYMENTS
[01682] DEBTORS' MOTION TO COMPEL ZAO CITIBANK TO RETURN RECEIPTS
[01683] DEBTORS' MOTION TO APPROVE SETTLEMENT W/ FIRST MAGNUS
[01684] DEBTORS' MOTION TO APPROVE SETTLEMENT W/ BAMBURGH, ET AL.
[01685] DEBTORS' MOTION TO APPROVE SETTLEMENT W/ AMERICAN LIFE
[01686] LCPI'S MOTION TO APPROVE AGREEMENT WITH REPE INC.
[01687] BANESCO'S MOTION TO OBTAIN IDENTIFICATION NO. ON '06 NOTE
[01688] MARIE HUNTER'S MOTION FOR PAYMENT OF ADMIN. CLAIM
[01689] FEE COMMITTEE'S APPLICATION TO EMPLOY BROWNGREER PLC
[01690] RETAINED PROFESSIONALS' INTERIM FEE APPLICATIONS
[01691] CALPERS' MOTION TO SET-OFF PREPETITION CLAIMS
[01692] TRIZEC'S MOTION FOR PAYMENT OF ADMINISTRATIVE EXPENSE
[01693] LBCC'S MOTION TO COMPEL NORTON GOLD TO PERFORM OBLIGATION
[01694] BANKRUPTCY APPEAL -- William Kuntz III re Lift Stay Order
[01695] US BANK'S MOTION TO LIFT STAY TO FORECLOSE ON PROPERTIES
[01696] STIPULATION ASSIGNING MARKET AGREEMENT TO DEUTSCHE BANK
[01697] STIPULATION CLOSING TRANSACTIONS BETWEEN LBI & UNICREDIT
[01698] STIPULATION SETTLING MISTAKEN RENT WITH CORRDIORS/LOUDON
[01699] STIPULATION EXTENDING IRS' CLAIMS FILING PERIOD
[01700] LEHMAN COMMERCIAL'S NOTICE OF ADMIN. AGENT TERMINATIONS
[01701] STIPULATIONS REQUIRING THE RETURN OF MISDIRECTED TRANSFER
[01702] SHORT CREDIT, ET AL.'S NOTICES OF TRANSFER OF CLAIMS
[01703] CLAIMS WITHDRAWAL -- December 10 to 21, 2009
[01704] OBJECTIONS TO LBI TRUSTEE'S DENIAL OF 100++ CLAIMS
[01705] LEHMAN UK'S PLAN GARNERS MAJORITY SUPPORT FROM CREDITORS
[01706] LEHMAN UNITS EXCHANGE $1-BIL. WORTH OF ASSETS
[01707] UK COURT SETS MARCH 19 AS TRUE ASSETS CLAIMS BAR DATE
[01708] UK COURT ISSUES RULING ON PRE-ADMINISTRATION CLIENT MONEY
[01709] HKMA REPORTS PROGRESS OF PROBE ON LEHMAN-RELATED CASES
[01710] DEBTORS' BALANCE SHEET ENDING JUNE 30, 2009

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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