Lehman Brothers Update
Lehman Brothers Distributions - Receiving your distributions
Customers who have not given us payment instructions should contact us to arrange the receipt of the distributions allocated to their account. Our contact details can be found here.
We received a 19th Distribution from Lehman Brothers Holdings Inc. (“LBHI”) on 4th October 2019. The distribution rate in respect of our Class 5 Guarantee Claim was a little over 0.14% of the Class 5 claims valuations and for the Class 4A Claim we inherited from Lehman Brothers Securities N.V. (“LBS”) in the wind-down of the LBS estate, the rate was a little under 0.18% of the Class 4A claims valuations. Distributions will be allocated and paid as soon as practicable after receipt.
The LBS estate was wound down in May 2015 and no further distributions are payable from LBS.
The LBT estate was partially wound down in May 2019 and no further distributions are payable from LBT.
For general information on the background, calculation and total distributions paid to date, please click on the link Lehman Brothers Distributions General Information below.