LEHMAN BROTHERS QUARTO ATTO

The new and simplified structure of LBT, where it only needs to manage distributions on Substitute Notes,provides the Liquidators witheither a good starting point to pursue a final wind down or to finalise the liquidation of the estate going forward.
 
Honorable Shelley C. Chapman

Tuesday, October 06, 2020

10:00 AM


08-13555-scc Lehman Brothers Holdings Inc. Ch. 11
Doc# 60863 Motion to Approve / Motion for Alternative Dispute Resolution Procedures Order in Connection With Claims Held By Lehman Brothers Holdings Inc. Regarding Excess Payments Received By Claimants On Account of Guarantee Claims

Prossima udienza schedulata il 6 ottobre: con comodo!
 
Twenty-First Distribution Percentages Announced for Lehman Brothers Holdings Inc. and Its Debtor Affiliates


September 24, 2020


NEW YORK--(BUSINESS WIRE)

--Lehman Brothers Holdings Inc. (“LBHI”), as Plan Administrator, announced today in a court filing the percentage recovery that will be distributed on October 1, 2020 to holders of allowed claims against LBHI and its various affiliated Debtors (collectively, “Lehman”).

Lehman’s aggregate twenty-first distribution to unsecured creditors pursuant to its confirmed chapter 11 plan will total approximately $146.5 million. This distribution includes (1) $134.8 million of payments on account of third-party claims, which includes non-controlled affiliate claims, and (2) $11.7 million of payments among the Lehman Debtors and their controlled affiliates (see Exhibit B to the court filing, Docket # 60878, for further detail). Cumulatively through the twenty-first distribution, Lehman’s total distributions to unsecured creditors will amount to approximately $128.2 billion including (1) $95.3 billion of payments on account of third-party claims, which includes non-controlled affiliate claims, and (2) $32.9 billion of payments among the Lehman Debtors and their controlled affiliates.

In accordance with the chapter 11 plan, which was confirmed on December 6, 2011, and subject to available funds, the Lehman Debtors’ twenty-second distribution to creditors is anticipated to be made within 5 business days of March 30, 2021.

 
Docket # 60878
Filed Sep 24 2020

Notice of Distribution : Notice Regarding Twenty-First Distribution Pursuant to the Modified Third Amended Joint Chapter 11 Plan of Lehman Brothers Holdings Inc. and Its Affiliated Debtors filed by Garrett A. Fail on behalf of Lehman Brothers Holdings Inc.. (Fail, Garrett)


Debtor: 08-13555 Lehman Brothers Holdings Inc.
 
Docket # 60877
Filed Sep 24 2020

Status Report : Quarterly Financial Report as of June 30, 2020 Filed by Garrett A. Fail on behalf of Lehman Brothers Holdings Inc.. (Fail, Garrett)


Debtor: 08-13555 Lehman Brothers Holdings Inc.
 

Users who are viewing this thread

Back
Alto