InvestorsHub Logo
Followers 61
Posts 5170
Boards Moderated 1
Alias Born 11/08/2011

Re: cottonisking post# 99986

Tuesday, 04/12/2022 11:03:45 PM

Tuesday, April 12, 2022 11:03:45 PM

Post# of 111188
LBIE's 27th Progress Report:

Objective of the Administration
The Administrators consider that the objective of the
Administration is to rescue the Company as a going concern as
approved by the Chancellor of the UK High Court on 15 July
2020 in the context of a directions application in relation to
preferred equity distributions.
Interests of remaining creditors



https://www.pwc.co.uk/services/business-restructuring/administrations/lehman/lehman-brothers-international--europe--in-administration---joint.html