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Lehman clients knocked by High Court decision
Former clients of Lehman Brothers in Europe may have to wait longer than hoped to get $16bn of assets back after the High Court rejected a proposal by PricewaterhouseCoopers to accelerate the process.
British Court Ruling Delays Lehman Settlement
The administrator for the main European unit of Lehman Brothers Holding, the bankrupt investment bank, warned on Friday that returning frozen hedge fund assets to creditors could be delayed by years after Britain 's High Court rejected its plan.
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