Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

the bad: which PwC expects won't be till at least 2020 at least.


the good: Rather than ending up with nothing, creditors are actually set to make a substantial profit in excess of 100 cents on the dollar.

The important from another article: The information in this statement does not apply to any other Lehman entity, including separate insolvency proceedings involving Lehman Brothers Holding, Inc. (LBHI) and Lehman Brothers International (Europe) (LBIE).


LBIE has remaining court cases according too the article that wont be completed until 2020. LBHI on the other hand has 1 case left that will be completed this year.


They have money to pay creditors in full. thats all this proves. if one does then I'm pretty sure all of them do.

Creditors for LBIE are getting full monty with on going litigations (good sign)

2019, LBHI should be completed. LBIE and probably LBI still may remain until 2020 thats how it's looking