Lehman Brothers Holdings Inc. (LEH)

FEB/24/2015:  Notice of Hearing as to Certain Claims on the One Hundred Seventy-Third Omnibus Objection to Claims (No Liability Employee Claims) filed by Garrett A. Fail on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 3/5/2015 at 12:00 PM at Courtroom 623 (SCC) (Fail, Garrett).
Case: Lehman Brothers Holdings Inc. Related:  none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2567858  

FEB/24/2015:  Notice of Presentment of Stipulation, Agreement and Order Establishing and Maintaining Reserves for Claims Filed by the Internal Revenue Service filed by Garrett A. Fail on behalf of Lehman Brothers Holdings Inc. with presentment to be held on 3/3/2015 at 12:00 PM at Courtroom 623 (SCC) Objections due by 3/2/2015, (Fail, Garrett).
Case: Lehman Brothers Holdings Inc.
Related:  none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2567879

Sehr interessante Einigung...  

FEB/25/2015:  Notice of Withdrawal of Transfer of Claim (Claim 14669) filed on November 5, 2014 from Waingarten Sergio Gabriel (related document(s) [46829]) filed by Richard B. Levin on behalf of Credit Suisse. (Levin, Richard).
Case: Lehman Brothers Holdings Inc.
Related:  46829.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2567955

Also, das ist ja jetzt wohl der Hammer! - Nicht umsonst heißt es doch: Person Xyz "verkauft und überträgt". - Werden hier jetzt etwa schon Forderungen "verkauft", aber nicht übertragen, oder gar nicht verkaufte Forderungen dennoch als "übertragen" gemeldet - und dann vielleicht sogar weiterverkauft?

Ein Stück aus dem Toll-Haus!  

FEB/25/2015:  Order Granting Four Hundred Eighty-Fourth Omnibus Objection to Claims (Duplicate Claims) (Related Doc # [47064])
signed on 2/25/2015 (White, Greg).
Case: Lehman Brothers Holdings Inc.
Related:  47064.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568021

Klingt Alles sehr nach Briefkasten-Firma:
3 Forderungen #66154, #66155, #66156 über je  3.555.373,oo  U$-Dollares;
Alles von der selben Addresse aus, aber unter jeweils leicht anderem Namen.
Es überlebt aber nur eine derer 3 "Forderungen" (zumindest vorerst).
7.110.746,oo  U$-Dollares sind schon jetzt gestrichen...  

FEB/25/2015:  Order Granting Four Hundred Ninety-First Omnibus Objection to Claims (RSU Claims) (Related Doc # [47648]) signed on 2/25/2015 (White, Greg).
Case: Lehman Brothers Holdings Inc.
Related:  47648.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568022  

nachfolgend mal was wirklich wichtiges. wer mehr wissen will sollte noch folg. lesen: Trustee Preliminary Realization Report (16 Seiten) unter http://dm.epiq11.com/LBI/Project#
viel spass beim interpretieren ;-)

Trustee Statement on Preliminary Realization Report:
New York, February 23, 2015 – James W. Giddens, Trustee for the liquidation of Lehman Brothers Inc. (LBI) under the Securities Investor Protection Act (SIPA) and chair of the Hughes Hubbard and Reed Corporate Reorganization and Bankruptcy Group, today filed a Preliminary Realization Report with the Bankruptcy Court that represents a milestone in winding-down the estate and substantially concludes the Trustee’s SIPA-mandated investigative duties.    
The report assesses what assets were available for customers and creditors on September 19, 2008 (the Filing Date) versus the assets realized by the Trustee during the course of the liquidation.  The report details the progress made in administering the LBI estate, including paying customers in full and making substantial distributions to general creditors.  The report also explains why allowed unsecured creditor claims exceed available assets and will not be fully satisfied.

 
“This report signifies that winding-down the estate continues in earnest and that the liquidation is at a point of substantial completion,” Giddens said.  “Over the course of this liquidation, we have pursued every legal avenue to recover assets that we believe belong to the estate.  While efforts continue to marshal assets, unsecured losses have resulted from factors specific to the historic failure of the Lehman enterprise and Barclays’ acquisition of some but not all parts of LBI’s business and select customer accounts.”
By marshaling assets owed to the LBI estate through litigation, settlements and a careful process of securities sales, the Trustee has decreased the potential amount of unsecured losses. General estate assets are at least $15.2 billion less than the assets available as of the Filing Date, and, pending certain litigation outcomes, the loss may increase.

 
The largest cause of existing and potential losses was the emergency transaction with Barclays negotiated in the days and hours before the liquidation whereby Barclays acquired a select group of high-value brokerage accounts and certain parts of the LBI business.  Assets already paid to Barclays and additional assets potentially owed have significantly diminished amounts available for additional distributions to unsecured general creditors.  In addition to the Barclays transaction, two additional factors have contributed to the unsecured losses:  
1. On the Filing Date, LBI’s valuation of assets exceeded their realizable market position.  These losses from book values were exacerbated by forced liquidation of firm positions during the historically turbulent market of late 2008 when counterparties availed themselves of the Safe Harbor provisions of the Bankruptcy Code.  
2. Prior to bankruptcy, LBI was a hub among the 2,600 affiliates of the worldwide Lehman enterprise. With nearly all affiliates in bankruptcy or similar proceedings around the world, the realized value of all investments in affiliates and affiliate receivables became substantially less than book value.  At the same time, claims from affiliates, with both customer and general unsecured status, have proven to be far in excess of the anticipated book value as of the filing date.  
As explained in the Report, the Trustee and his team have reconciled 140,000 claims and administered more than $121.7 billion dollars.  Approximately $117 billion – nearly all of the assets administered – have been or are in the process of being distributed.  Customer, secured, priority and administrative claims have been 100 percent satisfied.    
On February 19, 2015, the Bankruptcy Court approved a second interim distribution of $2.2 billion to unsecured general creditors that will bring total distributions to 27 percent for these claimants.  Together, the customer and general creditor distributions represent the largest distributions across the worldwide Lehman insolvency proceedings and far exceed the expected recoveries at the outset of the liquidation.  
“When this liquidation began, the possibility of a general estate was in doubt, and the fact that general creditors now stand to receive 27 percent of their allowed claims is a significant achievement,” added Giddens.  
The results in this liquidation could not have been achieved without the oversight of the Court, Judges Peck and Chapman, and the Securities Investor Protection Corporation, as well as the advice and support of the United States Securities and Exchange Commission, the Federal Reserve Bank of New York, the Commodity Futures Trading Commission, and the Financial Industry Regulatory Authority.   Realization Reports are often published at the end of a liquidation. With substantial progress in winding-down the estate, the Trustee determined a report at this time would be informative to the Court, creditors, regulators and policy makers.  
Media Contact Jake Sargent, (202) 569-5086

 

einfach mit deinen worten ausgedrückt?
DANKE,für das reinstellen !  

Realization Reports are often published at the end of a liquidation.
DAS WÄRE DER HAMMER  

muss man sagen,falls es wirklich beendet sein soll.schneller als erwatet,aber so brauch sich wirklich keiner mehr eine hoffnung machen,auch wenn sie noch so klein war.dann hat man gewißheit und kann endlich abschließen.eine bestätigung von der bank oder von guten englischspezialisten wäre besser.  

... damit ich die Beiden dann endlich auch wieder 'mal bewerten kann!
Denn momentan kommt bei mir noch der Spruch:  "Von Ihnen kommen
bereits 7 der letzten 20 (oder weniger) positiven Bewertungen für jacky6
/ fatmamen"...

LG: Teras.  

... von denen natürlich zu erwarten war, dass sie auch im hiesigen Verfahren irgendwann auftauchen würden, brauchte ich hier bislang nicht zu erklären...

Jetzt aber, wo im (rein zeitlichen) Anschluss an unser  "Docket #48640 - 491st Omnibus GRANTED" die ersten Vertreter dieser Schrift-Gattung auch im hiesigen Verfahren aufgetaucht sind, sei ihre recht practische Bedeutung hier kurz erläutert:

Civil Cover Sheets sind nicht nur Deck-Blätter irgend-welcher Gerichts-Verfahren, sondern sie wurden in ihrer Form und Gestaltung in denen U.S.A. im Jahre 1974 sorgfältig genormt. - Und in dieser genormten Form eignen sie sich vorzüglich für den inter-instantialen "Meinungs-Austausch", da, zum Beispiel für den Fall der möglichen Rückverweisung, zunächst nur auf das genormte Deck-Blatt des anders-instanzlichen Gerichts-Vorgangs Bezug genommen werden kann, ohne sich gleich den ganzen Pleonasmus der dortigen Acte antun zu müssen.

Und da mit denen Gerichts-Entscheidungen im hiesigen Verfahren nicht immer Alle jeweils gänzlich zufrieden gewesen sind, konnte man seinen Hut darauf verwetten, dass hier über Kurz oder Lang sicherlich ein paar Cover-Sheets anders-instanzlicher Verhandlungen auftauchen würden.

Und dieser Zeit-Punct ist jetzt gekommen...  

FEB/26/2015:  Civil Cover Sheet from U.S. District Court, Case Number: 1501302 Judge Richard J. Sullivan (related document(s) [47002]) filed by Clerks Office Office, U.S.Bankruptcy, S.D.N.Y. (Rouzeau, Anatin).
Case: Lehman Brothers Holdings Inc.
Related:  47002.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568303  

FEB/26/2015:  Civil Cover Sheet from U.S. District Court, Case Number: 1501326 (related document(s) [47003]) filed by Clerks Office Office, U.S.Bankruptcy, S.D.N.Y. (Rouzeau, Anatin).
Case: Lehman Brothers Holdings Inc.
Related:  47003.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568304  

FEB/26/2015:  Civil Cover Sheet from U.S. District Court, Case Number: 1501368 (related document(s) [47005]) filed by Clerks Office Office, U.S.Bankruptcy, S.D.N.Y. (Rouzeau, Anatin).
Case: Lehman Brothers Holdings Inc.
Related:  47005.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568305  

FEB/26/2015:  Civil Cover Sheet from U.S. District Court, Case Number: 1501376 (related document(s) [47009]) filed by Clerks Office Office, U.S.Bankruptcy, S.D.N.Y. (Rouzeau, Anatin).
Case: Lehman Brothers Holdings Inc.
Related:  47009.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568306  

FEB/26/2015:  Civil Cover Sheet from U.S. District Court, Case Number: 1501407 (related document(s) [47011]) filed by Clerks Office Office, U.S.Bankruptcy, S.D.N.Y. (Rouzeau, Anatin).
Case: Lehman Brothers Holdings Inc.
Related:  47011.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568314  

FEB/26/2015:  Civil Cover Sheet from U.S. District Court, Case Number: 1501431 (related document(s) [47012]) filed by Clerks Office Office, U.S.Bankruptcy, S.D.N.Y. (Rouzeau, Anatin).
Case: Lehman Brothers Holdings Inc.
Related:  47012.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568493  

 

OB UND WANN DIE LEHMAN ESCROW ABGESCHLOSSEN WERDEN
das kam zurück:
Von: "Hopkins, Christopher"
Betreff: RE: help
Datum: Wed, 4 Mar 2015 15:31:01 +0000

The security you reference is not on the Master Securities List or the Program Securities List.  Did you file a proof of claim on behalf of your interest in this security?
 

FEB/27/2015:  Operating Report: January 2015 Post-Effective Operating Report Filed by Garrett A. Fail on behalf of Lehman Brothers Holdings Inc. (Fail, Garrett).
Case: Lehman Brothers Holdings Inc.
Related:  none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2568937

Vergleiche hierzu auch das
"Docket #48004 - DEC 2014 Post-effective OP Report"
und das
"Docket #47580 - NOV 2014 Post-effective OP Report"
und das
"Docket #47082 - OCT 2014 Post-effective OP Report"
und das
"Docket #46769 - SEP 2014 Post-effective OP Report"...

LG: Teras.  

MAR/03/2015:  Notice of Adjournment of Hearing on Motion of the Cantor / BGC Parties Motion for Reconsideration of Orders Granting Four Hundred Sixty-Sixth and Four Hundred Sixty-Seventh Omnibus Claim Objections (related document(s) [46631]) filed by Lucian Murley on behalf of Cantor / BGC Parties, with hearing to be held on 4/8/2015 at 10:00 AM at Courtroom 623 (SCC) Objections due by 4/1/2015. (Attachments: # (1) Certificate of Service) (Murley, Lucian).
Case: Lehman Brothers Holdings Inc.
Related:  46631.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2569405  

MAR/04/2015:  Withdrawal of Claim(s): No. 27658 of Trilantic Capital Partners III L.P. filed by Epiq Bankruptcy Solutions, LLC
(Claims and Noticing Agent). (Baer, Herbert).
Case: Lehman Brothers Holdings Inc.
Related:  none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2569631

Und das war hier jetzt endlich dieser - gänzlich unspectaculäre - Rückzug einer derer schrillsten Forderungen, die gegen Lehman jemals eingereicht worden sind; hier nur kurz zur Erinnerung:  http://dm.epiq11.com/LBH/Document/GetDocument/2339873  

MAR/04/2015:  Notice of Agenda: Notice of Agenda of Matters Scheduled for Hearing on March 5, 2015 at 12:00 p.m. filed by Garrett A. Fail on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 3/5/2015 at 12:00 PM at Courtroom 623 (SCC) (Fail, Garrett).
Case: Lehman Brothers Holdings Inc.
Related:  none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2569673

Das ist die Tages-Ordnung für den heutigen Donnerstag, 05.03.2015...  

Oooops, beinahe übersehen:

FEB/13/2015:  Letter Filed by CT The Corporation Trust Company. (Lopez, Mary).
Case: Lehman Brothers Holdings Inc.
Related:  none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2569611  

@fatman
@all
da ja Interesse besteht und sich scheinbar niemand ranwagt Stellung zu nehmen, ich probiers mal auf deutsch...

es geht um den realization Report von lehman Brothers inc. , also LBI, aha...
unsere escrows entsprechen den ansprüchen der ehemaligen Stammaktien der lehman Brothers Holding inc., also der LBHI!, also entsprechen eure ansprüche derer der mutter aller mütter, was auch nicht verwunderlich ist, denn euere ex-stämme sind ja über 100 jahre alt und deutsch/jüdischen ursprungs...

der POR (reorganisatonsplan) endet im März 2015, also genau 3 jahre nach dem delisting (=der Löschung euerer Stammaktien). der plan trust dagegen wurde ende letzten jahres um 3 jahre erweitert, also auf 2017.
ab jetzt kommt also der plan trust ins spiel. der plan trust hat die aufgabe, für die aktionäre rauszuholen was geht - falls noch was zum rausholen ist. da nun aber nicht einmal alle gläubiger voll zufrieden gestellt worden sind (fully satisfied), geht equity, also eigenkapital, u.a. eure escrows leer aus. nun kommen noch die verlustvoträge (nols, net operating losses) ins spiel. ca. 55 mrd usd. für diese weltweit einmalig hohen verlustvorträge sind natürlich alle teilhaber interessiert. die bringen aber nur was, wenn auch positives eigenkapital erzielt wird und es zu einer umstrukturierten gesellschaft mit max. 49% beteiligung inkl. 5%-klausel der gläubiger käme. problem ist nicht mal die experten blicken durch, wie sollen wir dann erst wissen was abgeht...dann geht es noch um schadensersatzansprüche ggü. barclays, mehrere milliarden und und und