Examples of Lehman Group in a sentence
Lehman Brothers also engaged in hedging activities to control market and credit risk of the Lehman Group as a whole, and without regard to the market and credit risk profile of any specific Lehman Entity.
Because Lehman Brothers operated as one integrated business entity, its operational strategies were driven by economic considerations of the Lehman Group as a whole, and not by economic considerations as they related to individual Lehman Entities on a standalone basis.
Corporate formalities were ignored as Lehman Brothers’ management exercised unfettered discretion to transfer cash, collateral and securities holdings from one subsidiary to another or transfer market risks from one entity to another through the use of intercompany derivative transactions or parent blanket guarantees and side letters to maximize economic advantage to the Lehman Group.
In the absence of substantive consolidation, the unwinding of these Lehman Group Loops and others could take years.
Jain, Ph.D., Born: 12/1950 Trustee since 2014 4Director, Steele Lab of Tumor Biology at Massachusetts General Hospital (since 1991); A.W. Cook Professor of Tumor Biology (Radiation Oncology) at Harvard Medical School (since 1991); Ad hoc Consultant/Scientific Advisory Board Member for pharmaceutical/biotech companies (various times since 2002); Ad hoc Consultant, Gershon Lehman Group (since 2004); Director, Co-Founder, XTuit Pharmaceuticals, Inc.
For purposes of this Agreement, Change in Control shall mean (a) the acquisition, directly or indirectly, by any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act), other than any member of the Lehman Group, of securities of Blount International, Inc.
Corporate formalities were ignored as Lehman Brothers’ management exercised unfettered discretion to transfer cash, collateral and securities holdings from one subsidiary to another or transfer market risks from one entity toanother through the use of intercompany derivative transactions or parent blanket guarantees and side letters to maximize economic advantage to the Lehman Group.
In the Debtors’ Motion for an Order Pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure Approving Settlements with Bamburgh Investments (UK) Ltd and Corfe Investments (UK) Ltd, dated December 11, 2009, the Debtors already essentially collapsed a complicated Lehman Group Loop among various Lehman Entities, thereby eliminating an aggregate amount of intercompany claims totaling in excess of €9 billion.
This excludes legal advisors and Administrators’ staff who work at 25 Bank Street, however it was agreed that using Lehman Group staff numbers would provide a reasonable indication of the level of activity being carried out in each company.
We understand that weekend discussions were held in New York with potential investors and purchasers of the Lehman Group’s business (or part thereof).During the afternoon of 14 September 2008, we met with the directors of LBL in order to consider what steps should be taken in the event that the New York discussions to save the group were to fail.LBHI managed substantially all of the material cash resources of the Lehman Group centrally.