LEHMAN BROTHERS QUARTO ATTO

[duetto]

NOTICE REGARDING CERTAIN UK LITIGATION


As previously announced, the Court of Appeal of England and Wales gave judgment on October 20, 2021, relating to the ranking of claims held by Lehman Brothers Holdings Inc. (“LBHI”) and one of its affiliates in the insolvency proceedings of Lehman Brothers Holdings PLC (in administration) and LB Holdings Intermediate 2 Limited (in administration) (the “UK Judgment”). In a decision published today, the Supreme Court of the
United Kingdom declined LBHI’s request to hear an appeal of the UK Judgment. A copy of the decision is attached hereto.


Dated: August 8, 2022


New York, New York


/s/ Garrett A. Fail
Garrett A. Fail
WEIL, GOTSHAL & MANGES LLP
767 Fifth Avenue
New York, New York 10153
Telephone: (212) 310-8000
Facsimile: (212) 310-8007


Attorneys for Lehman Brothers Holdings Inc.
and Certain of Its Affiliates

 

[duetto]

In the matter of Lehman Brothers Holdings plc (in administration) and others (Respondents) v Lehman Brothers Scottish LP 3 and another (Appellants)

THE COURT ORDERED that

(1) permission to appeal be REFUSED because the application does not raise a point of law of general public importance on the ranking issues. No arguable point of law on the rectification issue. The double proof issue is therefore academic

(2) the Appellants pay the First, Second and Fourth Respondents’ costs of the application and, where the First, Second and Fourth Respondents apply for costs, the costs to be awarded be assessed.

Deputy Support Registrar

8 August 2022

 

[duetto]

LETTER addressed to Judge Ronnie Abrams from Rex Wu, dated 8/5/22 re: "MOTION TO RECONSIDER & LETTER ENDORSEMENT CASE #20-CV-5823" - I am writing to alert the Court that the Motion to Reconsider(Dkt #12) was filed over eight months ago. The arguments on the Motion to Reconsider and the application of the Supreme Court case "Mission Product Holdings Inc. v. Tempnology LLC NKA Old Cold LLC" on the letter endorsement (Dkt. #24) kindly awaits your ruling. Document filed by Rex Wu.(sc)
In Re: Lehman Brothers Holdings Inc. (1:20-cv-05823), New York Southern District Court In Re: Lehman Brothers Holdings Inc. (1:20-cv-05823), New York Southern District Court, Filed: 07/27/2020 www.pacermonitor.com		Att: 1 Proof of Service

 

[duetto]

Docket # 61482

Filed Aug 10 2022

Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: The Hongkong and Shanghai Banking Corporation Limited (Claim No. 56669, Amount $100,000.00); The Hongkong and Shanghai Banking Corporation Limited (Amount $100,000.00) To WONG LI WINNIE MEI-WAN filed by Jonathan Chi-Shoong Cho on behalf of The Hongkong and Shanghai Banking Corporation Limited. (Chi-Shoong Cho, Jonathan)
Debtor 08-13555 Lehman Brothers Holdings Inc.

 

[duetto]

Docket # 61483

Filed Aug 10 2022

Motion to Authorize The Abandonment of Debtor Records filed by Michael A. Rollin on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/15/2022 at 11:00 AM at Teleconference Line (CourtSolutions) (SCC) Responses due by 8/29/2022,. (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Exhibit 3 # (4) Proposed Order) (Rollin, Michael)
Debtor 08-13555 Lehman Brothers Holdings Inc.

 

[duetto]

Update dated 10 August 2022 on application to Court to seek a determination on issues of priority in respect of potential distributions to holders of subordinated debts – Supreme Court Order


As reported in the LBH Administrators’ previous update, in November 2021 SLP3 and LBHI filed an application to the UK Supreme Court seeking permission to appeal certain aspects of the Court of Appeal’s ruling.

On 8 August 2022, following the Supreme Court’s consideration of the SLP3 and LBHI application on the papers, the parties to the Priority Applications were informed that the Supreme Court has refused SLP3 and LBHI permission to appeal. The Supreme Court also ordered that SLP3 and LBHI pay the costs of the unsuccessful permission application incurred by the LBH Administrators, Deutsche Bank and LB GP No1. A copy of the Order dated 8 August 2022 made by the Supreme Court can be found here.

Ongoing litigation

On 16 March 2018, the Joint Administrators of LBH made an application to Court to seek its determination on issues of priority in respect of potential distributions to holders of its subordinated debts, specifically the priority in which the holders of LBH's subordinated debts should receive any...

www.pwc.co.uk

 

[duetto]

FOSTER GRAHAM MILSTEIN & CALISHER, LLP
360 S. Garfield Street, 6th Floor
Denver, Colorado 80209
Telephone: (303) 333-9810
Michael A. Rollin
[email protected]
Attorneys for the Plan Administrator
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
____________________________________
In Re )
) Chapter 11 Case No.
)
Lehman Brothers Holdings Inc., et al.; ) 08-13555 (SCC)
)
Debtors. ) Jointly Administered
)
____________________________________)
NOTICE OF MOTION OF THE PLAN ADMINISTRATOR FOR AN ORDER
AUTHORIZING THE ABANDONMENT OF DEBTOR RECORDS

 

[duetto]

Deutsche Bank Poised for Big Win as Last Lehman Legal Fight Ends

Aug. 11, 2022

One of the last issues in the bankruptcy of Lehman Brothers has been resolved, handing a potentially huge win to a clutch of distressed investors led by Deutsche Bank AG.

Deutsche Bank Poised for Big Win as Last Lehman Legal Fight Ends

One of the last issues in the bankruptcy of Lehman Brothers has been resolved, handing a potentially huge win to a clutch of distressed investors led by Deutsche Bank AG.

news.bloomberglaw.com

 

[duetto]

The appeal was rejected because the application didn’t “raise a point of law of general public importance on the ranking issue,” according to a decision dated Aug 8 and made public in a linked US lawsuit.

Deutsche Bank poised for big win as last Lehman legal fight ends

(Aug 11): One of the last issues in the bankruptcy of Lehman Brothers has been resolved, handing a potentially huge win to a clutch of distressed investors led by Deutsche Bank AG.The UK Supreme Court refused Lehman’s US holding company permission to appeal a ruling that said holders of...

www.theedgemarkets.com

 

[duetto]

Lehman Brothers: Deutsche Bank-Exposure in ECAPS war goldrichtig
Eine der letzten Fragen, die bezüglich der Insolvenz von Lehman Brothers noch offen sind, könnte einen großen Gewinner haben, der in Frankfurt sitzt: die Deutsche Bank.

Lehman Brothers: Deutsche Bank-Exposure in ECAPS war goldrichtig

Das Fachmagazin für institutionelle Investoren. Informationen für institutionelle Investoren aus Deutschland, Österreich, der Schweiz, Liechtenstein und Luxemburg über die neuesten Trends und Entwicklungen in der Investmentbranche.

www.institutional-money.com