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.
Written by Reuters
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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.
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.
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