Bloomberg News

Lehman Names Committee to Pick Liquidation Directors

November 29, 2011

(Corrects to show that the committee will select the initial directors.)

Nov. 29 (Bloomberg) -- Lehman Brothers Holdings Inc., which has said it aims to win approval for a $65 billion liquidation plan next month, named a committee to choose initial directors to oversee the process. The panel will include representatives from Goldman Sachs Group Inc., Fir Tree Partners and Mizuho Corporate Bank Ltd., according to a court filing. Liquidators of Lehman affiliates and the defunct firm’s head of international operations also are on the list.

--Editor: Stephen Farr

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Stephen Farr at sfarr@bloomberg.net


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