Replies to post #99225 on Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

It means both of LBI’s Supplementary distribution and it’s FINAL distribution are set in stone.




The supplementary distribution is set for March by LBI

They have authority y to conduct the final distribution whenever they want this year but from what we know it will happen in at least October



So to answer your question: LBI’s final distributions are still happening this year for March/October

[s404n1tn0cc]

Doc 15290


Though many claimants will have the option to
choose to remain LBI claimants instead of accepting an enhanced final distribution, the anticipated
substantial reduction in the number of claims remaining in the estate will best prepare this
liquidation for its intended closure in the third quarter of 2022.

Its for LBI and not LBHI