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 Holdings Inc. (“LBHI”) has announced that it will make its next distribution on 6th April 2017. Distribution rates of 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, were announced on 30th March 2017.
On 30th November 2016, Lehman Brothers Treasury B.V. (“LBT”) paid its ninth distribution to Meteor at an effective rate of a little over 1.85% of its claim valuations. The distributions have been allocated and BACS payments sent to customers on 30th November 2016.
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.