Replies to post #108578 on Lehman Brothers Financial SA (LEHNQ)

[Ray_137]

Any idea of current distribution or it is still $0.38 per share. TIA.

[cottonisking]

Still Rolling with the 8TH, and only, Distribution Notice sent to my home address:

I decided to review the 7TH Distribution Notices below:

Notice of Declaration of a Seventh Interim Dividend
On 15 September 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared a seventh interim dividend, being a share of the statutory interest entitlements of LBH’s unsubordinated, unsecured creditors. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. A copy of the Notice to all creditors who have proved their debt is available here.



Notice of Intention to pay a Seventh Interim Dividend
Based on current information, the Administrators are of the view that there are sufficient realisations to allow a seventh interim dividend to be made to unsecured, unsubordinated creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 9 September 2021. A seventh interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.