September 17, 2010

Providing an “exclusive look at how Jenner & Block put together the definitive report on Lehman’s demise,” the September issue of The American Lawyer magazine details -- for the first time in print -- the creation of the “groundbreaking” report of Jenner & Block Chairman Anton R. Valukas in his role as court-appointed Examiner in the Lehman Brothers Holdings, Inc. bankruptcy.

The in-depth, 4,900+ word article, titled “History Lessons,” tells the story of Mr. Valukas’ appointment as Examiner in the Lehman bankruptcy, the largest such matter in U.S. history, and the subsequent investigation by Mr. Valukas and Jenner & Block, which represented the Examiner in these proceedings. The article describes how the Firm conducted its investigation, the roles played by various members of the Firm’s team and the way in which the conclusions at the heart of the 2,200-page report were reached.
Referring to the process as “unique in the history of bankruptcy examinations,” the article quotes another former bankruptcy examiner who praised the team for its “extremely thorough job identifying meaningful information,” pointing out that the “true test is whether anyone subsequently was able to provide information or evidence proving any of the findings wrong,” and observing, “That hasn’t happened.”

The Firm’s team that was responsible for producing the Examiner’s report included numerous partners and associates from a wide variety of practices and several of the Firm offices. In addition to Mr. Valukas, the article specifically mentions Partners Matt D. Basil, Robert L. Byman, Jerome L. Epstein, Marc B. Hankin, James T. Malysiak, Heather D. McArn, Daniel R. Murray, Suzanne J. Prysak and Patrick J. Trostle and Associates Sofia E. Biller and Aaron-Michael H. Sapp.

The Lehman team was also featured in a front-page article in the “Money & Investing” section of the September 18-19, 2010 edition of the Wall Street Journal.  This article, titled “Lehman’s Accidental Historian,” also recounts the process used by the Firm’s team in producing the Lehman Brothers bankruptcy examiner’s report.  To read the full article, please click here.