Under the The Dodd–Frank Wall Street Reform and Consumer Protection Act, Lehman Bros. Holdings Inc. creditors would have recovered 97 cents on the dollar rather than the estimated 21 cents they have received since the company declared it was bankrupt in 2008, the Federal Deposit Insurance Corp. (FDIC) said today. The regulator conceded that an orderly liquidation of Lehman “would have been incredibly complex and difficult,” but maintained that had it happened under new laws, the outcome would have been “vastly superior for creditors and systemic stability in all respects to the bankruptcy process as it was applied,” MarketWatch.com reported. Through February, more than $1.2 billion in fees have been charged by attorneys and other professionals principally for administration of the debtor’s estate.