Lehman defends Linklaters role20: 07 12/03/2010, Phillip Inman, Barclays, business, credit crisis, financial crisis, guardian.co.uk, law, Lehman Broth

Lehman defends Linklaters role20: 07 12/03/2010, Phillip Inman, Barclays, business, credit crisis, financial crisis, guardian.co.uk, law, Lehman Brothers, news, our economy, Guardian Unlimited

Report for Bankruptcy Court U.S. law firm says the city approved the transactions out of balance, that the true state of finance at Lehman Brothers in disguise

Linklaters, one of the largest law firms in London, is fighting to defend his reputation after a U.S. report the bankruptcy of Lehman Brothers showed that approved controversial deals that changed billions of dollars of debt off the balance in the years before the bank collapsed.

The hard hitting report found that the key agreements, which were also sanctioned for Lehman auditors, Ernst