Nov 17, 2009
Jones Day, Boies to Battle Over Lehman-Barclays Deal
Lehman Brothers and its counsel at Jones Day have filed suit against Barclays, claiming the bank got an undeserved windfall of at least $5 billion when it purchased much of Lehman’s North American operations after Lehman went bankrupt last September. The dispute has triggered subpoenas by Boies Schiller. One source says Weil Gotshal — Lehman’s restructuring and bankruptcy team — has turned over documents previously covered by attorney-client privilege.