Other Notices

The Administration was due to expire on 30 November 2023. There being various matters that the Administrators consider ought still to be addressed in the context of the administration, and following an application to Court, an Order was granted by the Court extending the Administrators’ term of office to 30 November 2025.

The Administrators’ appointment in respect of Lehman Brothers (PTG) Limited (in administration) is currently due to expire on 30 November 2023. There being various matters that the Administrators consider ought still to be addressed in the context of the administration, the Administrators intend shortly to apply to court for an Order, pursuant to paragraph 76(2)(a) of Schedule B1 to the Insolvency Act 1986, that their term of office be extended until 30 November 2025. If any creditor or other stakeholder has any queries or concerns in this respect, they should please contact Diane Adebowale, telephone number 020 7583 5000, as soon as possible.

Pursuant to a court order dated 16 November 2021, Derek Anthony Howell and Russell Downs were removed as Administrators of LB PTG and were replaced by David James Kelly. The change took effect on 30 November 2021.

Edward John Macnamara and Gillian Eleanor Bruce remain in office as Administrators.

The approval of Lehman Brothers International (Europe)'s Scheme of Arrangement, pursuant to Part 26 of the Companies Act 2006 and the retirement of Tony Lomas from PwC LLP provided an opportunity for the named office-holders to be reviewed in LB PTG and elsewhere in UK Lehman Brothers' affiliates.  Accordingly, an application to court was made to make certain changes. Pursuant to a court order dated 2 July 2018, Anthony Victor Lomas, Steven Anthony Pearson and Julian Guy Parr (the "Outgoing Office-Holders") were removed as Administrators of LB PTG.

The Outgoing Office-Holders were replaced with Russell Downs and Edward John Macnamara which took effect on 16 July 2018. Derek Anthony Howell and Gillian  Eleanor Bruce remain in office as Administrators. 

View the letter sent to all known creditors on 12 October 2017.

The Administrators applied to Court for permission for LB PTG to become a distributing administration. That permission was granted on 24 June 2013, and LB PTG now has a formal legal process for agreeing creditors’ claims. Therefore, we have provided a LBPTG Statement of Claim form which can be downloaded here, and we encourage all creditors to submit their claims in short order. The Administrators request that all claimants use this form for consistency, and all claims should be submitted with full supporting documentation. Please execute your Statement of Claim and upload as a PDF and email to the following address: uk_lehmanaffiliates@pwc.com.