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Lehman collapse: the liquidator's story

Dismantling Lehman

In the five years since 7.56am on Monday 15 September 2008, when a judge put the UK arm of Lehman Brothers into administration, Tony Lomas has been unravelling the $1.1bn (£700m) of assets and liabilities inside the collapsed bank.

Lehman Brothers' recovery vindicates $2bn fee bankruptcy

Coffee Cup

Harvey Miller, the lawyer guiding Lehman Brothers Holdings through the biggest-ever U.S. bankruptcy, sipped a cappuccino at a tourist-filled cafe near Manhattan’s Central Park and reflected on how his client’s collapse five years ago went from unthinkable to inevitable.

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BNP Paribas sued over 'wet ink' error

BNP Paribas is being sued by the trustee of a $650m Islamic finance transaction who said the deal was rendered worthless because the bank didn’t get a proper signature from the Saudi businessman behind the deal: Saad Group Chairman Maan al-Sanea.