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Lehman Feb 11

    Client Attorney Privileged/Attorney Work Product/At Request of Counsel

    Lehman Brothers Whiskey

  1. Lehman Brothers Whiskey Has Notes of Burning Money and Despair

    Feb 10, 2016 | Munchies

    By Wyatt Marshall

    Hoping to capture the unique taste of financial collapse and despair, a British entrepreneur is creating a line of Lehman Brothers whiskeys that deliver “the ups and downs of the economic devastation of 2008” to the palate. Whether you’re saying cheers to the downfall of the Wall Street elite or drinking down bad memories, Lehman...

    2. Australia

  2. Creditors of Lehman Brothers Australia to Receive Further Dividends

    Feb 10, 2016 | The National Law Review

    The Federal Court of Australia has approved a settlement, effectively resolving one of the most complex corporate insolvencies in Australian history. On 18 December 2015 the Federal Court of Australia approved a settlement relating to inter-company loans and disputed assets between the liquidators of Lehman Brothers Australia Ltd...

    3. Full Text of Stories Below

    Client Attorney Privileged/Attorney Work Product/At Request of Counsel

    Lehman Brothers Whiskey

  1. Lehman Brothers Whiskey Has Notes of Burning Money and Despair

    Feb 10, 2016 | Munchies

    By Wyatt Marshall

    Hoping to capture the unique taste of financial collapse and despair, a British entrepreneur is creating a line of Lehman Brothers whiskeys that deliver “the ups and downs of the economic devastation of 2008” to the palate. Whether you’re saying cheers to the downfall of the Wall Street elite or drinking down bad memories, Lehman Brothers whiskey, with its “contrite, bereft peatiness,” could be for you.

    The financial crisis of 2008 is considered the worst financial disaster since the Great Depression. Trillions of dollars of wealth evaporated amidst a housing and subprime loan crisis that ultimately led to a global liquidity crisis. The financial services firm Lehman Brothers, founded in 1850 and the fourth-largest investment bank in the United States at one point in time, was one of the first giants to fall and really move things down the toilet. A “Lehman moment” is now synonymous with “epic meltdown.”

    But 34-year-old London real-estate investor James Green is bringing the Lehman Brothers name back, with three whiskeys that hark upon the despair of the times. His core offering, Ashes of Disaster, has a “wicked suggestion of burning banknotes, a hint of ripe autumn fruit about to fall,” but is “tempered with humility to demonstrate the lack of activity that followed the devastation.”

    An American whiskey, “Snapfire,” is intended to evoke the sudden shock of the crash, and Green says it is “perfect with reckless maneuvers, long gambles, and explosive consequences. Drink alone, if possible.”

    “Evergreen,” on the other hand, has “notes of growth and promise” and represents rebirth. Most people, it’s safe to say, didn’t see Lehman Brothers’ rebirth in the form of a line of whiskeys. Surprisingly, none of the whiskeys feature gold leaf.

    Green is working with distillers in Scotland and South Carolina to make his blended whiskeys. According to The Wall Street Journal, Barclays PLC, which bought portions of Lehman Brothers after its collapse, tried and failed to prevent Green from using the Lehman Brothers name. Barclays itself ran into problems using the Lehman Brothers name just a few months later when it attempted to use the Lehman name to offer financial services...

    For full story: https://munchies.vice.com/en/articles/lehman-brothers-whiskey-has-notes-of-burning-banknotes-and-despair

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    2. Australia

  2. Creditors of Lehman Brothers Australia to Receive Further Dividends

    Feb 10, 2016 | The National Law Review

    The Federal Court of Australia has approved a settlement, effectively resolving one of the most complex corporate insolvencies in Australian history. On 18 December 2015 the Federal Court of Australia approved a settlement relating to inter-company loans and disputed assets between the liquidators of Lehman Brothers Australia Ltd (LBA) and American parent company Lehman Brothers Holdings Inc.

    The expected dividend of 80 cents in the dollar is likely to provide significant relief to the 72 major investors in financial products, many of whom had sustained losses in the 10’s of millions, including institutional investors, private wealth individuals, councils across Australia and significant charitable organisations and churches which had surplus funds invested in a range of financial products, including the collateralised debt obligations or CDOs that they acquired through LBA...

    For full story: http://www.natlawreview.com/article/creditors-lehman-brothers-australia-to-receive-further-dividends

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    3. Full Text of Stories Below

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