Freeman’s Appointed to Sell Works from The Neuberger Berman and Lehman Brothers Collections

PHILADELPHIA, PA.- Freeman’s announced that it has been appointed by Lehman Brothers Holdings Inc. (LBHI) and Alvarez & Marsal, LLC, the professional services firm overseeing LBHI’s restructuring, to sell selected works from the distinguished Neuberger Berman and Lehman Brothers Corporate Art Collections*, subject to bankruptcy court approval. After Lehman’s acquisition in 2003 of Neuberger Berman, Lehman expanded its commitment to collecting fine art and embraced the enlightened vision of Roy Neuberger, who made contemporary art an integral part of the workplace for decades. More than 250 works from the London, Philadelphia, Chicago, Los Angeles, and San Francisco offices will be included in the Modern and Contemporary Art auction scheduled for Sunday, November 7, 2010 in Philadelphia. Among the works to be auctioned are examples by leading artist of the 20th century – Robert Mangold, Alex Katz, Sol Lewitt and Judy Pfa

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