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 17th August 2018, from Lehman Brothers Holdings Inc. (“LBHI”) announced that its sixteenth distribution date has been scheduled for 4th October 2018. The distribution rates for both the Class 5 Guaranteed Claim and the Class 4A Claim inherited from LBS are expected to be announced a week or so before the distributions are made.
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.
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.