Waterfall II Application - Previous news 2014

The Joint Administrators continue to provide regular information updates on this website regarding an application to Court for directions in relation to a number of issues (39 different questions) concerning entitlements to the surplus in the LBIE Estate. The UK High Court directed that the 39 matters should be divided into the following 3 tranches, each to be subject to a separate timetable:

i) Tranche A dealing primarily with insolvency law matters;
ii) Tranche B dealing with matters concerning the effect of release clauses in post-Administration contracts; and
iii) Tranche C dealing with cost of funding matters, principally arising in respect of claims under ISDA Master Agreements.

Please click on the links shown below to provide you with further information:

Updates

• Update – Waterfall II Application – Reply Position Papers and Further Evidence – 4 November 2014
• Update – Waterfall II Application – Position Paper – 13 October 2014
• Update – Waterfall II Application – Respondent Position Papers – 22 September 2014
• Update – Waterfall II Application – Witness Statement – 30 July 2014
• Lehman Brothers International (Europe) (in administration) Initial Directions Hearing Sealed Order– 22 July 2014
• Lehman Brothers International (Europe) (in administration) announce an Application to seek a determination on various issues concerning entitlements to the surplus in the LBIE estate – 13 June 2014