Lehman Brothers Inc.

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In re
LEHMAN BROTHERS INC.,
Debtor.
Case No. 08-01420 (JMP) SIPA
Rel. ECF Nos. 4963 and 4998
ORDER CONFIRMING THE TRUSTEE’S DETERMINATION OF CLAIMS
RELATED TO SOFT DOLLAR COMMISSION CREDITS
Upon the Trustee’s Motion For An Order Confirming The Trustee’s
Determination Of Claims Related To Soft Dollar Commission Credits1 (the “Soft Dollar
Motion”) dated March 20, 2012 (ECF No. 4963) of James W. Giddens (the “Trustee”), as trustee
for the liquidation of Lehman Brothers Inc. (“LBI”), seeking entry of an order confirming the
Trustee’s Determination denying customer status to claims based on soft dollar commission
credit balances and expunging objections thereto, as more fully set forth in the Soft Dollar
Motion, the Supplement To Trustee’s Motion For An Order Confirming The Trustee’s
Determination Of Claims Related To Soft Dollar Commission Credits (the “Soft Dollar
Supplement”) dated March 29, 2012 (ECF No. 4998), the Memorandum of Law of the Securities
Investor Protection Corporation in Support of Trustee’s Motion for Order Confirming the
Trustee’s Determination of Claims Related to Soft Dollar Commission Credits dated April 17,
2012 (ECF No. 5030); and the Court having jurisdiction to consider the Soft Dollar Motion and
the Soft Dollar Supplement and the relief requested therein in accordance with SIPA
§ 78eee(b)(4); and due and proper notice of the Soft Dollar Motion and the Soft Dollar
1. 	Capitalized terms not defined herein shall have the meaning ascribed to them in the Soft Dollar Motion.
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2
Supplement having been provided in accordance with the Amended Case Management Order
(ECF No. 3466); and it appearing that no other or further notice need be provided; and the Court
having held a hearing on May 17, 2012; and based upon the factual findings and legal
conclusions set forth in the Court’s Memorandum Decision Confirming The Trustee’s
Determination of Claims Relating to Soft Dollar Commission Credits (the “Memorandum
Decision”) (ECF No. 5139); and sufficient cause appearing therefor, it is
ORDERED, that the Soft Dollar Motion and the Soft Dollar Supplement are granted in
all respects; and it is further
ORDERED, that, in accordance with the Memorandum Decision, claims in this
proceeding based on soft dollar commission credit balances are not customer claims within the
meaning of SIPA; and it is further
ORDERED, that the Trustee’s Determination that the claims for soft dollar commission
credit balances listed on Schedule A attached hereto are not customer claims under SIPA are
hereby confirmed; and it is further
ORDERED, that the objections corresponding thereto, identified on Schedule A, are
hereby disallowed and expunged; and it is further
ORDERED, that this Court shall retain jurisdiction to hear and determine all matters
arising from or related to this Order.
Dated: 	New York, New York
July 16, 2012
s/ James M. Peck
HONORABLE JAMES M. PECK,
UNITED STATES BANKRUPTCY JUDGE
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SCHEDULE A
CLAIM NO. 	CLAIMANT 	OBJECTION ECF NO.
900001815 	BERNSTEIN VALUE EQUITIES 4998 (Soft Dollar
Supplement Ex. B)
900006124 	BLACKROCK FINANCIAL MANAGEMENT INC. 	2389
900002668
A: 900002669
THE BOSTON COMPANY ASSET MANAGEMENT,
LLC 2111
900002671
D: 900002600
THE BOSTON COMPANY ASSET MANAGEMENT,
LLC 2111
900005597
D: 900004339
A: 900005798
DUQUESNE CAPITAL MANAGEMENT, L.L.C. 	3043
800001130 	FAF ADVISORS, INC. 4964 (Stapleton Decl.
Ex. E1)
900001539 	FISHER INVESTMENTS 	2069
900003218 	GE ASSET MANAGEMENT INC. 	2283
900005697 	KENWOOD CAPITAL MANAGEMENT LLC 	2385
900002733 LOS ANGELES CITY EMPLOYEES’ RETIREMENT
SYSTEM
4964 (Stapleton Decl.
Ex. E2)
900007145 	OPPENHEIMER CAPITAL INCOME FUND 	2294
900007147 	OPPENHEIMER EQUITY INCOME FUND 	2296
900000002
A: 900007139 OPPENHEIMER MAIN STREET FUND 	2434
900007146 	OPPENHEIMER SMALL & MID CAP VALUE FUND 	2295
900007144 	OPPENHEIMER MAIN STREET FUND /VA 	2293
900007142 OPPENHEIMER MAIN STREET OPPORTUNITY
FUND 2291
900007141 	OPPENHEIMER MAIN STREET SMALL CAP 	2290
900000003
A: 900007140 OPPENHEIMER VALUE FUND 	2475
900007143 PACIFIC SELECT MAIN STREET CORE
PORTFOLIO 2292
900003389 	RIVERSOURCE INVESTMENTS LLC 	2386
900003390 	RIVERSOURCE INVESTMENTS LLC 	2384
900004583 	SOUND ENERGY PARTNERS, INC. 	2110
800000349
D: 800000562 WEINTRAUB CAPITAL MANAGEMENT, L.P. 	2405
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