![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, March 24, 2017 7:51:40 PM
08-13555-scc Doc 54684 Filed 02/01/17 Entered 02/01/17 16:32:05 Main Document
Pg 28 of 57
"As of October 6, 2016, LOTC has recorded an
estimate of approximately $17 million for postpetition
interest, net of (i) distributions to LBHI of
approximately $155 million on claims that were
purchased by LBHI from third party creditors for
post-petition interest, and (ii) $12 million for Plan
Adjustments. The $17 million excludes estimates for
post-petition interest on affiliate claims and claims
assigned to LBHI through the Lehman Brothers
Finance S.A. (“LBF”) Settlement in March 2013
(refer to the December 31, 2013 Balance Sheets,
Docket No. 43916, for additional information).
LOTC has not recorded an estimate for post-petition
interest payable to Debtor-Controlled Entities, as
substantially all remaining cash at LOTC (after all
Allowed Claims have been satisfied in full) will flow
to LBHI in the form of payment on post-petition
interest and/or an equity distribution.
LBCC has recorded an estimate of $299 million for
post-petition interest for both third party and affiliate
claims (after all Allowed Claims have been satisfied
in full). This amount is based on the Post-D11 Cash
Flow Estimates and includes amounts that will be
paid related to Plan Adjustments."
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM