Lawyers for Lehman Brothers Holdings Inc. yesterday said they had resolved at least 65 of the 101 objections filed relating to how the approximately 930,000 derivatives contracts Lehman's subsidiaries had with counterparties, including municipal issuers, will be treated as the company continues its bankruptcy proceedings.

An order proposed and approved yesterday included changes first filed by Lehman Monday to address some of the biggest concerns counterparties had raised. In the new order, Lehman agreed to provide more information about potential third parties to which it might assign the swaps and to give the original counterparties more time to object to the third parties or to ask for more information about them.

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