European investment banking division of Lehman Brothers, whose headquarters is located in London, intends to sue for 90 billion dollars to head officefinancial institution that went bankrupt in September last year. This newspaper The Financial Times. Once a claim is filed, the total amount of claims against Lehman Brothers European unit to the parent company will reach 208 billion dollars.
the past year, the European division of Lehman Brothers has spent on litigation 112 million dollars. The main European adviser to the European Bank for a legal company Linklaters. During management of Lehman Brothers administrators took control of the bank assets of $ 40 billion and another 13.3 billion dollars investment bank sent to clients.
Earlier it was reported that the branches of Lehman Brothers are suing the parent company with a demand to pay them 100 billion dollars that she owed them for the work done even in the holding.
In early July 2009, the Commission on the Securities and Exchange Commission (SEC) U.S. stated that the bankruptcy of Lehman Brothers has already cost the bank at 262.6 million dollars. Investbank The money spent on legal fees and financial advisers. According to preliminary estimates, the total fees of consultants, lawyers and bankers involved in the bankruptcy Lehman Brothers, could reach a record 906 million dollars.
the management company's European division Lehman Brothers is the auditing company PricewaterhouseCoopers (PwC). During the last year, PwC earned on the assets of the bankrupt investment bank eliminate 154 million pounds (252.8 million dollars).
Lehman Brothers filed a petition in bankruptcy on Sept. 15, 2008. It was the largest in U.S. history. At the time of bankruptcy under the investment bank in assets at 691 billion dollars. The total debt of Lehman Brothers to creditors is estimated at 613 billion dollars.
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