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.
Lehman Brothers Treasury B.V. (“LBT”) paid its tenth distribution on 5th May 2017 at a rate of just under 1.4% of its claim valuations. The payments have been allocated to customer Accounts and paid to customers.
On 7th April 2017, we received and paid out the latest distributions from Lehman Brothers Holdings Inc. (“LBHI”). The rates were a little over 0.856% in respect of the Class 5 Guarantee claim and a little under 1.095% in respect of the Class 4A claim inherited from LBS. The next set of distributions is scheduled for early October.
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.