(Reuters) – Canadian Imperial Bank of Commerce mentioned it might pay $ 149.5 million to the property of Lehman Brothers Holdings Inc to solve litigation over a collateralized debt obligation linked to the bankruptcy of the previous Wall Street bank. In a statement about Monday, Canada's fifth-largest bank mentioned the million payment was equal to $ 110.3 million following taxes. CIBC mentioned it had earlier known the gain of $ 841 million following Lehman's September 15, 2008, bankruptcy, whenever it had reduced to zero its financial dedication associated to a note issued by the CDO. …
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