Replies to post #14672 on Lehman Brothers Financial SA (LEHNQ)

[DJN]

CONT NEWS::: NEW YORK, Sep 25, 2012 (BUSINESS WIRE) -- Lehman Brothers Holdings Inc.
announced today in a court filing the percentage recovery that will be
distributed to holders of allowed claims against various former Lehman Debtors
when the second distributions begin on October 1, 2012.

Lehman's second distribution to creditors will total
approximately $10.2 billion. This distribution includes both payments to 3rd
party creditors and payments among the Lehman Debtors and affiliates, and does
not include an additional $1.7 billion of cash to be reserved for disputed
claims (see Exhibit B to the court filing, Docket # 31082, for further detail).

In addition, Lehman will also pay an additional $328 million on recently allowed
claims representing the payment those claims would have received had those
claims been allowed at the time of the Initial Distribution, plus interest,
resulting in a total amount of distributions to creditors of $10.5 billion.

In accordance with the Modified Third Amended Joint Chapter 11 Plan that was
confirmed on December 6, 2011, subject to available funds, the third
distribution to creditors is anticipated to be made around March 30, 2013.

The Plan, Disclosure Statement and related filings, including the filing
referred to above, can be found at www.lehman-docket.com in the
"Key Documents" section.
Questions relating to the distribution can be directed to the
Debtors' claims agent, Epiq Systems, Inc., at
1-866-879-0688 (U.S.) and 1-503-597-7691 (Non-U.S.).

SOURCE: Lehman Brothers Holdings Inc.

[JERSEYHAWG]

VINCENT, thank you. geeeeeez.

i was hoping for a little more. but thats me.
now where do we stand? general question and comment.

[Nellafom]

cool. That will put the Archstone value range to cover most of the remaining $20B in debt by its self. Now does LBHI IPO Archstone and pay debt to creditors in cash or give creditors IPO stock to cover debt?

Do the creditors want a fish or a fishing pole?