Giants Stadium LLC is urging a judge to allow $600 million-plus in claims against Lehman Brothers Holdings Inc. related to interest-rate swaps used to finance the East Rutherford, N.J., football stadium, Dow Jones Daily Bankruptcy Review. In a partially redacted filing in bankruptcy court on Tuesday, lawyers for holders of claims once owned by the New York Giants football team said that Lehman's argument that the entity actually owes Lehman money is wrong. "Giants Stadium properly terminated the swaps and reasonably calculated its loss," lawyers for the entity said in the filing. Lehman, which is suing the Giants Stadium entity for $100 million saying that it is actually the one owed money, declined to comment.
