Lehman Brothers Inc., through its subsidiaries, was one of the largest investment banking firms in the world that provided various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The firm operated in three segments: Capital Markets, Investment Banking, and Investment Management.

On September 15, 2008, Lehman Brothers Holdings, Inc, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York (Manhattan). The bankruptcy filing of Lehman Brothers and its parent Company, Lehman Brothers Holdings, ranks as the largest bankruptcy in U.S. history. Cypress is acting as financial advisor to the Trustee for the SIPA Liquidation of Lehman Brothers Inc. in the Company’s Chapter 11 proceeding.

Cypress advised on the sale of partnership interest in municipal corrections finance to The GEO Group, Inc.