LEHMAN BROTHERS QUARTO ATTO

La notizia più importante di questi ultimi giorni.

Pare ( il condizionale è d'obbligo) che il giudice Chapman abbia ricevuto un provvedimento di ammonimento dalla Corte Suprema USA a causa delle incertezze mostrate negli ultimi tempi circa la conduzione delle vicende processuali Lehman Brothers.
 
Docket # 60874
Filed Sep 20 2020

Notice Regarding the Important Convenant(s) of Lehman Brothers Holdings, Inc. and Certain UK Litigation(s), filed by Rex Wu. (Lopez, Mary).


Debtor: 08-13555 Lehman Brothers Holdings Inc.
 
Docket # 60875
Filed Sep 21 2020

Second Amended Alternative Dispute Resolution Procedures Orders for Indemnification Claims of the Debtors Against Certain Mortgage Loan Sellers signed on 9/21/2020 (White, Greg)


Debtor: 08-13555 Lehman Brothers Holdings Inc.
 
Docket # 60876
Filed Sep 21 2020

Second Amended Alternative Dispute Resolution Procedures Orders for Indemnification Claims of the Debtors Against Certain Mortgage Loan Sellers signed on 9/21/2020 (White, Greg)


Debtor: 08-13555 Lehman Brothers Holdings Inc.
 
2.2.

LBCCAreceivableLehman Brothers Commercial Corp. Asia Ltd. ("LBCCA") is a former affiliated company of LBT. On 14 February 2019, the liquidators of LBCCA acknowledged a claim of HKD 17,208,584 made by LBT against LBCCA. On 14 May 2020, LBT received the 11th interim distribution from LBCCA on the acknowledged claim amounting toHKD 94,647 (USD 12,068).
 
4.2.

Final Distribution 15.1F on Withheld ISINS

As announced in the notice of 24 August2020,LBT advised that it intended to make the Final Distribution on the following Outstanding Series of Cash-Out Noteson or around 2 September 2020: XS0295087125, XS0258731909 and XS0295087042 (the "Withheld ISINs")
 
4.3.COVID-19

At this stage, the impact of the COVID-19 pandemic on LBT seemslimited to it being a consideration to pause a decision onthe start of a final wind-down process. The impact on LBT in the remainder of 2020 and thereafter is uncertain.
 

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