Lehman Brothers Financial SA (LEHNQ)

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Starting in April 2012, the Lehman estate made sixteen cash distributions to creditors. The total amount distributed was more than $126 billion, out of which almost $94 billion went to third-party creditors. We estimate the total allowed claims to third-parties as $304-312 billion, implying a recovery rate for third-party creditors of about 31 percent (see chart below).

https://libertystreeteconomics.newyorkfed.org/2019/01/creditor-recovery-in-lehmans-bankruptcy/

Quarterly Financial Report as of December 31, 2023 (Unaudited)
Page 17
Note 6 – Subsequent Events
28h Plan Distribution
On April 4, 2024, LBHI will make its 28th Plan
Distribution to creditors. The Company will
distribute approximately 👉️$177 million, including
$162 million to creditors on account of claims owned
or formerly owned by third party creditors.
Through👉️ D28, the Debtors will have made
distributions to creditors totaling $129.2 billion,
including👉️ $96.2 billion on account of claims owned
or formerly owned by third party creditors.
08-13555-mg Doc 61653 Filed 03/28/24 Entered 03/28/24 11:22:12 Main Document
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