In Dispute Over Lehman Brothers ‘Top Hat’ Plan, Judge Says ‘Enough Is Enough’

Mealey's (June 18, 2020, 12:02 PM EDT) -- NEW YORK — The trustee for the liquidation of Lehman Brothers Inc. (LBI) won dismissal June 15 of an adversary proceeding initiated by the Lehman Brothers Inc. Deferred Compensation Defense Steering Committee, whose assertion that deferred compensation plan funds are not part of the LBI estate was deemed “entirely without merit” by a New York federal bankruptcy judge (The Lehman Brothers Inc. Deferred Compensation Defense Steering Committee v. James W. Gibbens, Adv. Pro. No. 19-01368, S.D. N.Y. Bkcy., 2020 Bankr. LEXIS 1572)....

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