Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

⭐️⭐️⭐️⭐️⭐️ Excellent Job by PWC

Tier X has been paid in full.
Tier Y - next available funds of up to £225.0m:
Distributions under Tier Y can only take place once:
? Tier X funds have been distributed in full (which is now the case);
? There has been a final adjudication or settlement of Priority Legal Issue 1; and
? The unsubordinated creditors’ remaining entitlement to post-administration statutory interest has been
satisfied in full, if necessary adjusted for the resolution of the Partial Discharge Issue.
11 Administrators’ progress report from 15 September 2023 to 14 March 2024