Lehman Brothers International (Europe): Update from the Joint Administrators' eleventh Progress Report dated 11 April 2014
08 May 2014
On 11 April 2014, the administrators of Lehman Brothers International (Europe) (LBIE) circulated their eleventh progress report (the Report) for the period from 15 September 2013 to 14 March 2014 to all known creditors and counterparties.
Since then, there have been a number of announcements from the LBIE administrators. This bulletin summarises some of the key issues raised in the Report and the announcements. Interested parties are encouraged to read the whole Report for more details on these issues.