Replies to post #8152 on Syncora Holdings Ltd (fka SYCRF)

[DennyCrane550]

Also, New Lehman global settlement ~ not sure if Syncora party to this... can't paste into here

https://www.law360.com/capitalmarkets/articles/941783/lehman-judge-signs-off-on-mbs-claims-estimation-deal


Lehman Judge Signs Off On MBS Claims Estimation Deal
By Alex Wolf

Law360, New York (July 6, 2017, 10:08 PM EDT) -- A compromise years in the making to resolve claims against Lehman Brothers for selling billions of dollars' worth of dud mortgage-backed securities before its collapse by using a court-assisted estimation process was approved by a New York bankruptcy judge Thursday, who hailed the deal as "impressively robust."

The multiparty deal approved by U.S. Bankruptcy Judge Shelley C. Chapman stipulates that Lehman Brothers Holdings Inc. will waive its right to challenge the court’s ultimate determination of what the defunct firm owes investors for the repurchase of MBS...