Lehman to appeal order validating Barclays sale

by admin on Friday, July 29th, 2011 | No Comments

NEW YORK (Reuters) – Lehman Brothers Holdings Inc will appeal a court order upholding the rushed sale of its North American business to Barclays PLC near three years ago, a deal Lehman said afforded Barclays an $11 billion (6.7 billion pounds) “windfall.”