Home » Legal News » Royal Bank Takes Bankruptcy Fight With Lehman Brokerage to District Court

By Linda Sandler – Aug 17, 2011 9:25 AM ET

Royal Bank of Scotland Group Plc (RBS) asked a U.S. district court judge to handle a $346 million demand by Lehman Brothers Holdings Inc. (LEHMQ)’s defunct brokerage for payment on a swap agreement.

To contact the reporter on this story: Linda Sandler in New York atlsandler@bloomberg.net

To contact the editor responsible for this story: David E. Rovella atdrovella@bloomberg.net