Lehman Brothers Financial SA (LEHNQ)

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Update on Court application process, dated 23 August 2023
As creditors will be aware from our previous update following the procedural hearing which took place on 4 May 2023, the Applications (as such term is defined in the Order of Mr Justice Hildyard dated 4 May 2023 (the “Order”)) are to be heard at a Court hearing in the week commencing 9 October 2023.

In accordance with the Order, the parties have now exchanged Position Papers and Reply Position Papers summarising their respective positions on the Applications ahead of the hearing. Copies of those documents can be accessed below:

Position Papers exchanged on 30 June 2023:

LBH Administrators’ Position Paper;
LBHI Position Paper;
LB GP No1 Limited (In Liquidation) Position Paper;
Deutsche Bank AG (London Branch) Position Paper.
Reply Position Papers exchanged on 28 July 2023:

LBH Administrators’ Reply Position Paper;
LBHI Reply Position Paper;
LB GP No1 Limited (In Liquidation) Reply Position Paper;
Deutsche Bank AG (London Branch) Reply Position Paper.
Please note that the Court has indicated that the one day of judicial pre-reading for the hearing in October 2023 will take place on 6 October 2023, with the four sitting days taking place between 9 and 12 October 2023.

Should you have any queries regarding this update, please contact [e-mail]. The Joint Administrators of LBH will continue to communicate with you through this website on relevant matters relating to the Applications.