Lehman’s Cash Rises to $5.6 Billion Before Creditor Payment
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Lehman Brothers Holdings Inc., which is due to make a third payment to creditors in March, had $5.6 billion in free cash on Nov. 30, an increase of $1.1 billion during the month.
Cash that was restricted, or unavailable at Lehman and its affiliates was $13.7 billion, including $5.8 billion set aside for disputed claims, according to a post-bankruptcy report filed in federal court in Manhattan yesterday.