NEW YORK, June 2 (Reuters) - Anton Valukas, the examiner appointed to probe the collapse of investment firm Lehman Brothers Holdings Inc, has asked a judge to formally release him from his duties and protect him from possible lawsuits.
After an investigation which lasted more than a year, Valukas in March publicly released a 2,200-page report. The report showed that the company had used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in 2008, but there had not been extensive wrongdoing at the firm.
Since then, Valukas who is also chairman at law firm Jenner & Block, said he has continued to cooperate with government agencies and organize millions of pages of collected materials.
Valukas said in court documents on Wednesday that he has completed his duties and is seeking a court order that would release him from more obligations or responsibilities.
The order should also have provisions which would protect him and his colleagues from liability related to the investigation, Valukas requested.
The investigation collected, assembled into digital databases and analyzed some 6 million documents, said Valukas in his motion filed with the U.S. Bankruptcy Court for the Southern District of New York.
Valukas proposed that Epiq Bankruptcy Solutions, a unit of EPIQ Systems Inc, take over maintenance of the documents.
A hearing on the motion is scheduled for June 16.
(Reporting by Chelsea Emery, editing by Bernard Orr) Keywords: LEHMAN/EXAMINER (chelsea.emery@thomsonreuters.com; +1 646 223 6115; Reuters Messaging: chelsea.emery.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
After an investigation which lasted more than a year, Valukas in March publicly released a 2,200-page report. The report showed that the company had used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in 2008, but there had not been extensive wrongdoing at the firm.
Since then, Valukas who is also chairman at law firm Jenner & Block, said he has continued to cooperate with government agencies and organize millions of pages of collected materials.
Valukas said in court documents on Wednesday that he has completed his duties and is seeking a court order that would release him from more obligations or responsibilities.
The order should also have provisions which would protect him and his colleagues from liability related to the investigation, Valukas requested.
The investigation collected, assembled into digital databases and analyzed some 6 million documents, said Valukas in his motion filed with the U.S. Bankruptcy Court for the Southern District of New York.
Valukas proposed that Epiq Bankruptcy Solutions, a unit of EPIQ Systems Inc, take over maintenance of the documents.
A hearing on the motion is scheduled for June 16.
(Reporting by Chelsea Emery, editing by Bernard Orr) Keywords: LEHMAN/EXAMINER (chelsea.emery@thomsonreuters.com; +1 646 223 6115; Reuters Messaging: chelsea.emery.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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