U.S. investment bank Lehman Brothers (Lehman Brothers), which collapsed in September 2008, the European arm of the creditors may be repaid in full, the administrator said on Monday.
Coopers & Lybrand, PricewaterhouseCoopers (PWC) has shaken off the rival claims over the assets of the balance sheet billion U.S. dollars, can now be distributed to the European banking arm of former customers, in its ninth progress report to creditors.
Advice in order to be able to ordinary unsecured creditors, we now have a reasonable chance final settlement of their demands, comprehensive, marks an important milestone, said: "Tony Lomas, lead administrator and PwC Lybrand CPA partners. "
"There are a lot of things to do wind finalized, but we expect to pay significant dividends to creditors in the near future, and we achieve the new goal, a step forward."
Since the start of the wind, some 1.36 billion pounds of assets, including securities and cash, have been returned to the original customer Lehman Brothers (Lehman Brothers), the European unit.
PwC said, a recent settlements will free up $ 910 million of dollar-denominated assets, which may be later this year to return creditors.
In November 2012, the first interim dividend of 25.2%, to pay unsecured creditors, usually the last to pay any wind.
 
 



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