Tags: Lehman | creditors | bankruptcy | emerge

Lehman Plans to Distribute $14.2 Billion to Creditors

Wednesday, 27 Mar 2013 09:59 AM

Lehman Brothers Holdings Inc on Wednesday said it plans to distribute about $14.2 billion to creditors early next month, as the company winds down following its emergence last year from bankruptcy protection.

The distribution includes about $9.4 billion to third-party creditors and affiliates, $4.4 billion among other debtors, and $370 million for newly-allowed claims.

Lehman said the distribution will be made on April 4.

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Lehman Brothers Holdings Inc on Wednesday said it plans to distribute about $14.2 billion to creditors early next month, as the company winds down following its emergence last year from bankruptcy protection.
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2013-59-27
Wednesday, 27 Mar 2013 09:59 AM
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