Lehman entitled to disputed collateral, judge says

Features Reuters

U.S. Judge James Peck issued the ruling from the bench at a court hearing in Lehman's long-running dispute with Barclays, which bought much of Lehman's U.S. operations at the height of the financial crisis in September 2008.

Continue Reading Below

A Barclays spokesman, Michael O'Looney, said after Monday's court hearing that the bank plans to appeal the judge's February ruling.

(Reporting by Jeff Roberts; Writing by Martha Graybow; Editing by Steve Orlofsky)