LEHMAN BROTHERS QUARTO ATTO

[duetto]

Lehman MBS Trial May Be Delayed After Claims Removal Row

October 23, 2017

-- A court-assisted process to evaluate claims against Lehman Brothers for allegedly selling billions of dollars' worth of dud mortgage-backed securities before its collapse may not begin next week as expected after the judge presiding over the case said Monday she couldn't square away efforts to remove claims without reducing damage amounts.

A multiparty agreement between Lehman Brothers Holdings Inc. and investors looking to collect from the defunct investment firm’s Chapter 11 estate for the repurchase of MBS that lost value in the financial crisis

Lehman MBS Trial May Be Delayed After Claims Removal Row - Law360


Piccolo colpo di scena

Il giudice si sarebbe incavolato ( ultimamente gli capita spesso di perdere la pazienza ) in relazione alle 4 udienze già calendarizzate per la prossima settimana in quanto sarebbe sottoposto ad un tour de force nella valutazione di riduzione di claims senza una concomitante riduzione dei danni.

Attendiamo di saperne di più.

 

[duetto]

In pratica il giudice auspica un preventivo accordo di massima tra le parti!

Ovviamente tutto rigorosamente IMHO!

 

[duca77]

Lehman MBS Trial May Be Delayed After Claims Removal Row

October 23, 2017

-- A court-assisted process to evaluate claims against Lehman Brothers for allegedly selling billions of dollars' worth of dud mortgage-backed securities before its collapse may not begin next week as expected after the judge presiding over the case said Monday she couldn't square away efforts to remove claims without reducing damage amounts.

A multiparty agreement between Lehman Brothers Holdings Inc. and investors looking to collect from the defunct investment firm’s Chapter 11 estate for the repurchase of MBS that lost value in the financial crisis

Lehman MBS Trial May Be Delayed After Claims Removal Row - Law360


Piccolo colpo di scena

Il giudice si sarebbe incavolato ( ultimamente gli capita spesso di perdere la pazienza ) in relazione alle 4 udienze già calendarizzate per la prossima settimana in quanto sarebbe sottoposto ad un tour de force nella valutazione di riduzione di claims senza una concomitante riduzione dei danni.

Attendiamo di saperne di più.

Caro Duetto, è impressionante la tua capacità di reperire notizie!!
Bravissimo! e grazie, come sempre.

 

[carlo27]

Ricevuto accredito LBT con valuta 24/10 per lo 0,8336%. Totale recuperato ad oggi 69,45%

 

[Camill_two]

Lehman MBS Trial May Be Delayed After Claims Removal Row

October 23, 2017

-- A court-assisted process to evaluate claims against Lehman Brothers for allegedly selling billions of dollars' worth of dud mortgage-backed securities before its collapse may not begin next week as expected after the judge presiding over the case said Monday she couldn't square away efforts to remove claims without reducing damage amounts.

A multiparty agreement between Lehman Brothers Holdings Inc. and investors looking to collect from the defunct investment firm’s Chapter 11 estate for the repurchase of MBS that lost value in the financial crisis

Lehman MBS Trial May Be Delayed After Claims Removal Row - Law360


Piccolo colpo di scena

Il giudice si sarebbe incavolato ( ultimamente gli capita spesso di perdere la pazienza ) in relazione alle 4 udienze già calendarizzate per la prossima settimana in quanto sarebbe sottoposto ad un tour de force nella valutazione di riduzione di claims senza una concomitante riduzione dei danni.

Attendiamo di saperne di più.

Se dovessero accordarsi con un compromesso, magari con accordo a metà strada tra le pretese delle due controparti, si liberebbe liquidità per un'altra bella distribuzione ... speriamo bene!

 

[duetto]

Aggiornamento dall'Olanda per i possessori di LBT.

https://www.lehmanbrotherstreasury.com/pdf/english/LBT Overview Distribution 11 0.PDF

 

[duetto]

Lehman Claims

On 24th October 2017, Meteor received the most recent distribution from Lehman Brothers Treasury B.V. (“LBT”). The distribution was at a rate of just under 0.83% of LBT’s claim valuations.

In the event that LBHI does make a distribution in December 2017 (see below), it is probable that LBT would also make a distribution shortly afterwards but this is not guaranteed. We do not expect LBT to comment on this possibility until any such LBHI distribution has been received and will update this information as soon as further information becomes available.

Lehman Brothers Holdings Inc. (“LBHI”) paid its latest distribution 5th October 2017. The rates, expressed as a percentage of the respective claim amounts, are just under 0.55% for the Class 5 Guarantee Claim and a little over 0.70% for the inherited Class 4A Claim. The distributions have been allocated and a BACS payment made to customers. If you received an overpayment in April 2017, this has now been repaid by a deduction from this current distribution.

On 9th October 2017, LBHI requested that the Bankruptcy Court allow it to establish 7th December 2017 as an additional distribution date. This follows a settlement agreement between LBHI and Citibank being reached shortly before the October 2017 distribution. The agreement will lead to LBHI and other Lehman US entities receiving $1.7 billion from Citibank. The Court is scheduled to consider the request at a Hearing due to take place on 30th October 2017; we will update the information on this page as soon as more news about the proposed distribution is received.

Lehman Brothers Update | Meteor Asset Management

 

[duetto]

Trovata conferma di quanto a noi già ampiamente noto sul sito Meteor Asset Management.

Possiamo tranquillamente affermare che siamo la punta di diamante in Italia.

 

[duetto]

Statutory interest: UK Court of Appeal judgment on Lehman Waterfall II Parts A and B

October 24 2017

The Court of Appeal in London today gave judgment on Parts A and B of the Lehman Waterfall II Appeal, as part of the ongoing dispute as to the distribution of the estimated £8 billion surplus of assets in the main Lehman operating company in Europe, Lehman Brothers International (Europe) (LBIE).

Statutory interest: UK Court of Appeal judgment on Lehman Waterfall II Parts A and B - Lexology

 

[duetto]

Cominciate a monitorare gli accrediti da LBT.

Per oggi è tutto.