A petition to attach the Lehman Brothers account
The Tel Aviv District Court has been petitioned by Bank Leumi to attach money, amounting to approx. NIS 370 million, of the various companies in the Lehman Brothers Group located in Israel.
The consideration for securities issued by a company from the Lehman Brothers group worth approx. $100 million and which was redeemed by Leumi last week has not yet been received.
Further to the report dated 16.9.08, Leumi has announced that, up to the present, the consideration of approx. $100 million, which it was supposed to receive from a company in the American Investment Bank, Lehman Brothers Group for certificates issued by it and redeemed by the bank last Friday, has not been received.
Today, the Tel Aviv District Court was petioned by Leumi to attach all the money of the various companies in the Lehman Brothers Group located at Bank Discount up to an amount of approx. NIS 370 million