Three Hedge Funds Elected To Lehman Creditors Committee

Nov 24 2008 | 12:46am ET

Hedge funds have won a majority of seats on the creditors committee overseeing the bankruptcy of Lehman Brothers’ European business.

GLG Partners, Oceanwood Capital Management and Ramius Capital each won a seat on the five-member committee, which will assist receiver PricewaterhouseCoopers in figuring out who is owed what by Lehman Brothers International Europe.


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