BEVERLY HILLS, Calif. - Westminster Capital Inc., holding company of the failed Far West Savings and Loan Association, said it received about $16.8 million from a previously approved settlement of claims against Drexel Burnham Lambert, Michael Milken, and related parties.

Westminster said the award was net of about $9.1 million in attorney's fees.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.