Meet Lehman's Liquidators: Alvarez & Marsal to Liquidate Investment Bank, Reconcile Derivative Claims - Teigland-Hunt LLP Client Alert

Abstract: Lehman Brothers Holdings Inc. and its affiliated debtors have retained Alvarez & Marsal North America, LLC (“A&M”) as chief restructuring consultants. A&M’s key responsibilities are to maximize recovery of Lehman assets and mitigate potential Lehman liability, and this mandate includes the reconciliation of claims related to the Lehman entities’ derivative contracts.