Lehman Brothers Update
Lehman Brothers Distributions - Receiving your distributions
Customers who have not given us payment instructions should contact us to arrange the reciept of the distributions allocated to their account. Our contact details can be found here.
On 3rd May 2018, Meteor received a 13th distribution from Lehman Brothers Treasury B.V. (“LBT”). The effective distribution rate was a little under 0.438% of its claim valuations. The distributions have been allocated to individual Accounts and BACS payments made on 3rd May 2018.
On 6th April 2018, Meteor received a 15th distribution from Lehman Brothers Holdings Inc. (“LBHI”). The distribution rate for the inherited Class 4A Claim was a little over 0.40% of the claim valuation; for the Class 5 Guaranteed Claim, the rate was a little over 0.31%. The distributions have been allocated to individual Accounts and BACS payments made on 9th April 2018.
The LBS estate has been wound down and no further distributions are payable from LBS.
For general information on the background, calculation and total distributions paid to date, including details of the wind-down of the LBS estate, please click on the link Lehman Brothers Distributions General Information below.