James Sprayregen News
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Lehman Brothers Holdings Inc. was sued for an “abuse” of repurchase agreements that effectively “looted” $450 million from a Bermuda reinsurance unit when the assets were pledged to the unit’s biggest lender.
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Lehman Brothers Holdings Inc. was sued for an “abuse” of repurchase agreements that effectively “looted” $450 million from a Bermuda reinsurance unit when the assets were pledged to the unit’s biggest lender.
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JPMorgan Chase & Co. hired James Woolery , a partner at the law firm Cravath, Swaine & Moore LLP, as co-head of North American mergers and acquisitions, part of management changes in the investment banking group.
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Hedge funds that invest in distressed assets are looking to put their money in mortgage- backed securities, sovereign debt and small companies as larger bankruptcies fade, panelists at a Golden Networking forum said.
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Capmark Financial Group Inc., the lender taken over by a group including KKR & Co. and Goldman Sachs Group Inc. , reached a settlement with senior lenders that may avoid litigation over a $1.5 billion loan, three people familiar with the accord said.
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Capmark Financial Group Inc., the bankrupt lender partly owned by KKR & Co. and Goldman Sachs Group Inc. , reached a settlement with secured creditors designed to avoid litigation over a $1.5 billion loan.
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