Federal Judge Denies Shareholders' Attempt To Stop Archstone Sale

DENVER - A federal judge in Colorado on March 1 denied the request of real estate investment trust Archstone Enterprise LP shareholders to block the sale of Archstone, an entity in which the bankrupt Lehman Brothers Holdings Inc. holds a substantial interest, finding that the shareholders have not presented evidence of a fraudulent transfer (Steven A. Stender, et al. v. ERP Operating Limited Partnership, et al., No. 13-0496, D. Colo.).

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