Lehman brothers liquidating
Their future will be decided in the coming weeks and months.Some of these have already been placed into administration.Accordingly, on 29 October Lehman Brothers Finance AG Zurich, was put into liquidation.Pricewaterhouse Coopers AG, Zurich was appointed as liquidators for the Lehman Brothers entity There are many subsidiary companies within the Lehman Brothers group which are either asset owning or dormant companies.
We kindly ask that you wait to be contacted by this team.Pricewaterhouse Coopers as appointed bankruptcy liquidators are undertaking proceedings to: Lehman Brothers Finance AG (LBF) is a 100% subsidiary of Lehman Brothers Holdings Inc. LBF's principle business was the execution of tailor made OTC equity derivatives transactions for institutional clients.In order to allow creditors of Lehman Brothers Finance AG in Liquidation to actively monitor and participate in the liquidation proceedings, the liquidator suggested, after consultation with the Swiss Financial Market Supervisory Authority (FINMA), to appoint a Creditors' Committee.Lehman Brothers was a very significant and complex global organisation, operating in multiple territories and across most areas of financial services.
Its collapse also coincided with a period of unprecedented turmoil in financial markets. commenced on Friday, September 19, 2008, in the United States District Court for the Southern District of New York. is pending in the United States Bankruptcy Court for the Southern District of New York before Judge Shelley C.This date, Friday, September 19, 2008, is the filing date for which all claims are valued. Chapman under Case Number 08-01420-scc SIPC Applauds Lehman Trustee On Planned Return Of .6 Billion To Unsecured General Creditors Following 100 Percent Satisfaction Of Customer Claims First Distribution to Unsecured General Creditors Will Commence in September.Please be aware that enquiries regarding any other entity of Lehman Brothers group will not be handled by the liquidators of Lehman Brothers Finance AG. If your enquiry is not answered by the information given on this web page, please address your enquiry to: This e-mail address is being protected from spambots.