Firm wins dismissal with prejudice of RICO case against Lehman

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Counsel for certain defaulters on real estate loans sued Lehman Brothers Holdings, Inc. and Lehman Brothers Bank, FSB for racketeering, fraud and other causes of action.  Gair Eberhard Nelson Dedinas Ltd. responded with motions for both summary judgment and dismissal.  Faced with these motions, counsel for the plaintiffs dismissed their claims with prejudice less than two months after filing them.  Delaware Motel Associates v. Lehman Brothers Bank, FSB et al., 17cv1715 (Kennelly, J.) Counsel for Plaintiffs also agreed to dismiss with prejudice parallel claims in state court proceedings in DuPage County.