other_material
confidence high
sentiment neutral
materiality 0.10
Lehman Brothers Holdings Plan Trust files Q2 2025 report; estimated future distributions $203M
LEHMAN BROTHERS HOLDINGS INC. PLAN TRUST
- Quarterly Financial Report as of June 30, 2025 filed with Bankruptcy Court on August 28, 2025.
- Total estimated future cash distributions of $203 million as of June 30, 2025 (up from $194 million as of April 3, 2025).
- Through 30th Plan Distribution (April 3, 2025), $129.4 billion distributed to creditors, including $96.4B to third-party creditors.
- Estimated remaining recovery for Class 3 Senior Unsecured claims: 0.122% (or $100M on $82.5B allowed claims).
- One disputed claim remains (Enasarco/LBF litigation in Switzerland); cash reserved for full potential obligation.
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