Lehman Brothers Financial SA (LEHNQ)

[stoxjock]

Thanks very much Swiss for posting this.

A Note of Import:

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Note 8 – Subsequent Events

23rd Plan Distribution & Voluntary Final Distribution

On October 7, 2021, LBHI will make its 23rd Plan Distribution to creditors. The Company will distribute approximately $122 million, including $105 million to third party creditors and $9 million to LBHI-Controlled Entities. In addition, LBHI will make a concurrent final distribution to certain creditors of $8 million (see page 6 herein for further information).

Through D23, the Debtors will have made distributions to creditors totaling $128.9 billion, of which $95.9 billion were payments on account of claims owned or formerly owned by third party creditors.
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So, Distribution 23 is the FINAL Distribution (please see the Docket which contains that verbiage) to all the Creditors with 'Eligible' claims (ie the guys who have been receiving Distributions on their claims till now) and also it includes a $8.0M distribution to all those Creditors who 'volunteered' for a FINAL $25000 MAX Distribution towards their claim.