Creditors

LBIE has currently identified some 5,350 counterparties which could be potential unsecured creditors and with whom the Administrators continue to correspond with regard to the claims agreement process and to inform them of progress in the LBIE Administration.

One of the important tools for communication to such counterparties is through this website. As such, the Administrators continue to provide information updates for unsecured creditors on this micro-site as is necessary. Please refer to these pages, which may answer your query, before contacting us.

Updates

If you are a counterparty of LBIE who believes they may have an unsecured claim then you should read the links on this page for background information:

• General update - Lehman Brothers International (Europe) - In Administration ("LBIE") – 26 October 2017 Joint Administrators' Update Call – 18/10/2017
• Update - third LBIE admitted claims auction results - 2 December 2016
  
• Update – third LBIE admitted claims auction – 15 November 2016
• General update - Lehman Brothers International (Europe) - In Administration ("LBIE") – 27 October 2016 Joint Administrators' Update Call – 17/10/2016
• Update – Launch of the third LBIE admitted claims auction – 17 October 2016
• Update – second LBIE admitted claims auction results – 21 July 2016
• Update - second LBIE admitted claims auction – 15 July 2016
• Update in relation to the second LBIE admitted claims auction - 7 July 2016
• General update - Lehman Brothers International (Europe) – In Administration (“LBIE”) – 17 June 2016
• Update - Launch of the second LBIE admitted claims auction – 15 June 2016
• Update - Lehman Brothers International (Europe) (in administration) ("LBIE") – Second Unsecured Claim Certificate – 15 June 2016
• Update - LBIE admitted claims auction results - 12 May 2016
• Update - LBIE admitted claims auction – 4 May 2016
• General update - Lehman Brothers International (Europe) - In Administration ("LBIE") – 28 April 2016 Joint Administrators' Update Call – 20/04/2016
• Lehman Brothers International (Europe) In Administration - Joint Administrators' Fifteenth Progress Report - 12 April 2016
• Update - Launch of LBIE admitted claims auction – 4 April 2016
• General update - Lehman Brothers International (Europe) - In Administration ("LBIE") – 28 October 2015 Joint Administrators' Update Call – 22 October 2015
• Lehman Brothers International (Europe) In Administration - Joint Administrators' Fourteenth Progress Report - 12 October 2015
• Self Certification and US Tax Form Request – 22 June 2015
• Notice of Distribution – Informal Guidance Note – 29 May 2015
• Joint Third Distribution, Third True-up Distribution and Catch-up Distribution – 29 May 2015
• General Update - Lehman Brothers International (Europe) (in administration) ("LBIE") – 30 April 2015 Joint Administrators' Update Call – 23/04/2015
• 2014 US Federal Income Tax Information Reporting for Unsecured Creditors – 23/01/2015
• General Update - Lehman Brothers International (Europe) (in administration) ("LBIE") – 29 October 2014 Joint Administrators' Update Call – 17/10/2014
• Creditor update – 23 July 2014 deed poll relating to limitation of claims - 24 July 2014
• 06 May 2014 - Joint Administrators' Update Call - 24/04/2014
• Lehman Brothers International (Europe) In Administration - Notice of declaration of dividend – 23 April 2014
• Creditor Update – planning for the fourth interim distribution to unsecured creditors – 24/03/2014
• Creditor Update – fourth interim distribution to unsecured creditors – 28 February 2014
• Update - US withholding tax issues affecting some unsecured creditors
• Lehman Brothers International (Europe) In Administration - Notice of declaration of dividend – 21 November 2013
• Creditor Update – third interim distribution to unsecured creditors – 9 October 2013
• Lehman Brothers International (Europe) In Administration - Notice of declaration of dividends – 19 June 2013
• Creditor Update – planning for the second interim distribution to unsecured creditors – 29/05/2013
• Extended Lien Application – 22/05/2013
• Creditor Update – second interim distribution to unsecured creditors – 08/05/2013
• Important Creditor Update - 30 April deadline for fourth ‘catch up’ unsecured dividend - 26/03/2013
• Lehman Brothers Holdings INC., Lehman Brothers INC. and Lehman Brothers International (Europe) resolve intercompany claims – 27/02/2013
• Creditor Update – Future “catch up” dividends to unsecured creditors and Small Claims Settlement Offer (SCSO) payments – 04/02/2013
• Important Creditor Update 31 January 2013 Deadline for Transfer Notices for catch-up unsecured distribution – 28/01/2013
• Creditor Update - Deadline reminder of end of January 2013 – 15/01/2013
• Important Creditor Update - 31 January deadline for “catch up” unsecured dividend and Small Claims Settlement Offer - 21/12/2012
• Lehman Brothers International (Europe) In Administration - Notice of declaration of a dividend - 30/11/2012
• 9 November Creditor Update - First interim dividend to unsecured creditors, progress with claims agreement, “catch up” dividend and re-issue of the Small Claims Settlement Offer
• Important Creditor Update 29/10/2012 - Extension to 2 November 2012 of the deadline for agreement of claims and other documentation for the first interim distribution to unsecured creditors
• Important Creditor Update - 31 October Deadline for Transfer Notices for first interim distribution to unsecured creditors and submission of GBP SSIs - 24/10/2012
• Important Creditor Update - REMINDER: 31 October Deadline for Small Claims Settlement Offer and Submission of GBP SSIs - 10/10/2012
• Creditor Update - Deadline for Participation in the Small Claims Settlement Offer and Submission of GBP SSIs
• Creditor Update - Proof of Debt submissions as at 31 July 2012 (the Bar Date) and first interim distribution to unsecured creditors - 9 August 2012
• Creditor Update - First Interim Dividend for Unsecured Creditors and Small Claims Settlement Offer - 04/05/2012
• Extension to Notice of Proposed Distribution - 13/12/2010
• Application to Extend the Notice of Proposed Distribution to Unsecured Creditors - 30/11/2010
• LBIE - Joint Administrators' Fourth Progress Report - 14/10/2010
• Resolution of unsecured creditor claims - Extension of 17 September 2010 deadline - 15/09/10
• Resolution of Unsecured Creditor Claims - 16/06/2010 (Revised 08/07/2010)
• LBIE - Joint Administrators' Third Progress Report
  - 14/04/2010
• Notice of Proposed Distribution - 04/12/2009
• Exchange and clearing house communications - 22/10/08
• LBIE - Joint Administrators' Second Progress Report
  - 14/10/2009
• Administrators' Proposal
• Additonal creditor updates

Unsecured Creditors' Claim Submission Information

In order for the Joint Administrators to admit claims for dividend in the administration of LBIE, allunsecured creditors will need to submit a Proof of Debt, accompanied, where relevant, by a valuation statement.

The Administrators have provided potential unsecured creditors with a secure mechanism for submission of their Proofs of Debt in an expedient and consistent manner via LBIE’s creditor portal (the "LBIE Creditor Portal") which has been open since July 2010. This provides a structured framework for all counterparties to submit details of their unsecured claims against the LBIE estate. Valuation statements can be submitted by attaching them to the Proof of Debt in the Creditor Portal.

If you have questions regarding your log on details please email the following mailbox: logons@lbia-eu.com.We have provided you with guidance notes on the Creditor Portal to assist you with the submission of your claim.

If you have previously submitted information regarding your unsecured claim through the earlier creditor portal launched in October 2008 your claim has been logged, however, you will still need to submit a Proof of Debt (accompanied, where relevant, by a valuation statement) through the current LBIE Creditor Portal using the log on details above.

A creditor who has already submitted a valuation statement must ensure that it has also filed a Proof of Debt in the LBIE Creditor Portal, cross referring to the valuation statement(s) and confirming the net value of its claim. Please note: LBIE may contact you to discuss your claim or request further information, even if you have already submitted a Proof of Debt and/or Valuation Statement.

No acknowledgement as to the admissibility or validity of claims for dividend purposes is given or implied and all rights with regard to validity of claims, including, without limitation, the applicability of any netting or rights of set-off or the treatment of collateral are fully reserved.