Second Circuit Decision Re Lehman Bros. Holdings

RNS Number : 3959O

Barclays PLC

06 August 2014

 



6 August 2014

Barclays PLC

Second Circuit Decision in Re: Lehman Brothers Holdings Inc.

Barclays notes the decision yesterday of the United States Court of Appeals for the Second Circuit (the "Second Circuit") in Re: Lehman Brothers Holdings Inc. The Second Circuit has affirmed the District Court's rulings that Barclays is entitled to all of the Margin Assets and the Clearance Box Assets. Barclays continues to take legal advice in respect of this matter and to evaluate the potential financial impact of the decision.

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For further information please contact:

Investor Relations	Media Relations
Charlie Rozes	Giles Croot
[phone]	[phone]

About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com

 

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