InvestorsHub Logo
Followers 2
Posts 25
Boards Moderated 0
Alias Born 04/01/2009

Re: None

Wednesday, 07/07/2021 2:02:12 AM

Wednesday, July 07, 2021 2:02:12 AM

Post# of 111181
Voluntary Final Distribution


https://dm.epiq11.com/case/lbh/info


NEW:

Voluntary Final Distribution

The United States Bankruptcy Court for the Southern District of New York (the “Court”) has approved a process to provide certain creditors with a single, final Distribution on their Allowed Claims (the “Final Distribution”). The Final Distribution will allow the vast majority in number of LBHI’s creditors to end their thirteen-year involvement in these cases, and provide creditors with the opportunity to receive a Final Distribution potentially years ahead of when they otherwise would receive Distributions under the Plan.