March 24, 2010, 12:04 AM EDT
By Linda Sandler
March 24 (Bloomberg) -- Soros Fund Management LLC bought $38 million in claims on bankrupt Lehman Brothers Holdings Inc. from Goldman Sachs Group Inc., according to court filings.
The claims consist of Lehman program securities, according to the filings yesterday. The purchase price wasn’t disclosed. The Soros firm’s Quantum Partners Ltd. was the buyer.
Claims on Lehman, which outlined a liquidation plan on March 15 for the biggest U.S. bankruptcy in history, trade frequently between banks and short-term or long-term debt investors.
The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
--Editors: Peter Blumberg, Michael Hytha.
To contact the reporter on this story: Linda Sandler in New York at firstname.lastname@example.org.
To contact the editor responsible for this story: David E. Rovella at email@example.com.