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RBS buys $6.46 million claim against Lehman Brothers Special Financing
By Caroline Salls
Pittsburgh, May 1 - The Royal Bank of Scotland plc bought Sanno Point Master Fund Ltd.'s $6.46 million claim against Lehman Brothers Special Financing, Inc., according to a Friday filing with the U.S. Bankruptcy Court for the Southern District of New York.
New York-based Lehman Brothers Holdings was the fourth-largest investment bank in the United States. The company filed for bankruptcy on Sept. 15, 2008. Its Chapter 11 case number is 08-13555.
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