Replies to post #95305 on Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>>LAST DISTRIBUTION IS ON THE SEVENTH OF OCTOBER.. <<

It is not the last distribution. It is only for those creditors estimated to receive future Distributions totaling less than or equal to $25,000 on account of the aggregate of all of their Claims.
And it is voluntary if they want to participate. The estate is simply trying to reduce the number of small creditors to make the estate less expensive to operate. This also allows those creditors to take their loss and deduct from their taxes. This will generate cancellation of debt income to the estate.

The voluntary final distribution is explained here;
https://dm.epiq11.com/case/lbh/info

[SwissCheeseAccount]

It will be the final distribution for creditors that volunteer. There will be more to come imho