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21.09.2008 - Lehman administrator seeks $8bn

The European administrators of failed US investment bank Lehman Brothers have filed a court order in New York demanding $8bn (Ј4.4bn) is returned from the US to London.
A PricewaterhouseCoopers (PwC) spokesman said the money was needed to pay creditors, salaries, property bills and other day-to-day expenses.

The Czech Republic news are represented by www.czechrepublic-prague.com


Lehman's European headquarters is based in London.
PwC is currently trying to find buyers for various parts of Lehman Europe.

(BBC)


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