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 5th October 2018, Lehman Brothers Holdings Inc. (“LBHI”) paid its sixteenth distribution. The rates were a little over 0.486% in respect of the Class 5 Guaranteed Claim and a little under 0.622% in respect of the Class 4A Claim inherited from LBS. The distributions have been allocated to individual Accounts and, where we have received bank details, paid to customers.
On 25th October 2018, we received a 14th distribution from Lehman Brothers Treasury B.V. (“LBT”). The effective distribution rate was 0.746% of claim valuations. The distributions have been allocated to individual Accounts and, where we have received bank details, paid to customers.
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.