Lehman Brothers emerges from Chapter 11

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Lehman Brothers emerges from Chapter 11
from MarketWatch.com - MarketPulse
BOSTON (MarketWatch) -- Lehman Brothers Holdings announced Tuesday that it and its affiliates have emerged from Chapter 11 bankruptcy protection and plan to begin distributions to creditors on April 17. Distributions will be made to claimants of record as of March 18. Lehman added that a new board of directors will guide what remains of the company through the liquidation process. Filings related to the Lehman's bankruptcy plan can be found at www.lehman-docket.com.