Lehman Brothers Treasury to Explore Opportunities to Consolidate Claims

AMSTERDAM--(BUSINESS WIRE)-- Lehman Brothers Treasury Co. B.V. in liquidation (“LBT”) today, through its U.S. counsel Kramer Levin Naftalis & Frankel LLP, announced that the liquidators of LBT are exploring various strategies to, among other things, facilitate the consolidation of the LBT creditor base. To that end, the liquidators of LBT intend to engage with certain of LBT’s creditors and other market participants regarding potential strategies. No assurances can be made that any strategy will be employed, or if one is employed, the timing of its implementation. LBT does not undertake to publicly update its disclosure to reflect developments in this matter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180706005301/en/

Kramer Levin Naftalis & Frankel LLP
Daniel Eggermann, 212-715-9495

Source: Kramer Levin Naftalis & Frankel LLP

You May Also Be Interested In

• eDreams ODIGEO Beats Market Estimates One Quarter Into Its Peak Investment Year and Further Grows Subscribers to 8.1 Million
• Media Advisory - Marsh and Resilience launch Cyber Protect in Asia to help organizations strengthen cyber resilience
• Hayati® Expands Its Commitment to Responsible Business Through Hayati® For Nature