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Oct 5 (Reuters) - The brokerage unit and a European unit ofthe former Lehman Brothers Holdings Inc said Friday they haveagreed in principle to resolve litigation over $38 billion ofclaims, a
step toward allowing customers and creditors some oftheir money. Lehman Brothers Inc and Lehman Brothers International(Europe) announced the agreement in a joint statement. Theaccord
requires approval by U.S. Bankruptcy Judge James Peck inManhattan, as well as by the English High Court. In March, the Lehman parent company emerged from bankruptcyprotection after 3-1/2
years in Chapter 11. (Reporting By Jonathan Stempel in New York; Editing by GeraldE. McCormick) (([email protected])(646)(223-6317)(Reuters Messaging:
[email protected])) Keywords: LEHMAN SETTLEMENT/
