Replies to post #85314 on Lehman Brothers Financial SA (LEHNQ)

[jwnoble3]

I'd like to know as well. Might be in the next Q report.

[jwnoble3]

From docket 59903 (filed on 8/23/19), pg 7


"Prior to the Claims Consolidation Auction, on or about September 26,
2019, the Plan Administrator intends to file its next financial report for the period ending June 30, 2019 (the “Q2 2019 Financial Report”), which will include (subject to important, relevant assumptions, caveats, and notes) updated “Estimated Cash Available for Distributions” and
“Estimated Future Recovery” percentages, presented in a manner similar to those disclosed in the Q1 2019 Financial Report. The Q2 2019 Financial Report will include Estimated Future Recovery percentages for each class of Allowed Claims against LBHI both before and after D19. The “Estimated Future Recovery” percentages for the period after D19 (the “Minimum Rate”)
will be utilized in the Claims Consolidation Auction as the minimum rate at which a Sponsor Bid will be accepted for each Eligible Class."


9/26/19, next Q report

[JERSEYHAWG]

I do not. Been looking for that number.