Monday, January 30, 2012

Lehman's Estate Gets a Montana Resort

The estate of Lehman Brothers Holdings Inc. is now the owner of a Montana ski and golf resort, after assuming control of the assets of Moonlight Basin Ranch LP.

Moonlight Basin filed for bankruptcy more than two years ago, after Lehman's estate said it had fallen behind on loan payments. Lehman itself collapsed into bankruptcy in September 2008.

http://online.wsj.com/article/SB10001424052970204624204577176940585978620.html

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