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Lehman Brothers Holdings continues to quietly manage a stock-only portfolio—albeit a relatively puny one.

According to Lehman’s latest SEC filing, as of June 30 the portfolio had just under

Lehman Brothers Holdings continues to quietly manage a stock-only portfolio—albeit a relatively puny one.

||

Lehman Brothers Holdings continues to quietly manage a stock-only portfolio—albeit a relatively puny one.

According to Lehman’s latest SEC filing, as of June 30 the portfolio had just under $1.2 million in assets, the only individual equity positions that Lehman currently discloses.

IRVINE, CA—Globe learns EXCLUSIVELY that Land Advisors Organization, California Division, has completed the sale of the bankrupt firm’s residential land portfolio for its western region following the nation’s largest corporate bankruptcy, declared in 2008.

Carrie Rossenfeld is a reporter for the West Coast region of Globe and Real Estate Forum.

"It was a really complicated case," said Nancy Rapoport, a law professor at the University of Nevada, Las Vegas.

"It wasn't just that it was really big, but it was really big and had some novel issues." Adding to the complexity of Lehman's bankruptcy was the fact that it was unplanned, coming after the government declined to rescue the ailing firm.

The remnants of the portfolio are a reminder of just how complex—and financially vast—an entity Lehman was, and the time and effort it has taken to wind down its assets.

Seven years later, that unwinding process has no end in sight.

.2 million in assets, the only individual equity positions that Lehman currently discloses.

IRVINE, CA—Globe learns EXCLUSIVELY that Land Advisors Organization, California Division, has completed the sale of the bankrupt firm’s residential land portfolio for its western region following the nation’s largest corporate bankruptcy, declared in 2008.

Carrie Rossenfeld is a reporter for the West Coast region of Globe and Real Estate Forum.

"It was a really complicated case," said Nancy Rapoport, a law professor at the University of Nevada, Las Vegas.

"It wasn't just that it was really big, but it was really big and had some novel issues." Adding to the complexity of Lehman's bankruptcy was the fact that it was unplanned, coming after the government declined to rescue the ailing firm.

The remnants of the portfolio are a reminder of just how complex—and financially vast—an entity Lehman was, and the time and effort it has taken to wind down its assets.

Seven years later, that unwinding process has no end in sight.

Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware.

As of last month, the small army of lawyers, accountants, consultants and other professionals assisting in the wind-down of the investment bank had earned more than .2 billion since Lehman filed for bankruptcy in September 2008.

Fees from the 2001 bankruptcy of infamous energy trading firm Enron look paltry by comparison, at 3 million.

According to the administration of the Amsterdam Court of Appeal, until 3 April 2013 no appeal against the District Court's confirmation decision has been lodged.

The absence of appeal means the Composition Plan became effective as of 3 April 2013.




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