Update – Waterfall Application – Subordinated debt and other Affiliate relationship issues – Witness statements – 11 September 2013
On 18 February 2013, Lehman Brothers International (Europe) (in administration) (“LBIE”) and other UK affiliates announced that they had issued a joint application to seek a determination on various issues concerning their shareholding and other relationships (the “Waterfall Application”).
The following additional witness statements have now been filed in the Waterfall Application:
- Witness statement of Michael John Andrew Jervis dated 14 June 2013 for Lehman Brothers Limited (In Administration);
- Witness statement of Derek Anthony Howell dated 14 June 2013 for LB Holdings Intermediate 2 Limited (in administration);
- Witness statement of Elliot Greenberg dated 3 July 2013 for Lydian Overseas Partners Master Fund Limited;
- Witness statement of Russell Downs dated 2 August 2013 for LBIE; and
- Witness statement of Julian Edward Jones dated 6 September 2013 for Lehman Brothers Holdings Inc.
Copies of the exhibits associated with these witness statements can be provided on request. Should you have any queries regarding this update, please contact LBIE’s Communications and Counterparty Management team at generalqueries@lbia-eu.com.
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