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Lehman Bros Europe creditors to receive second dividend

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Calum Fuller Hedge Funds Review

UNSECURED CREDITORS of the European arm of the collapsed investment bank Lehman Brothers are to receive a second interim dividend of 43.3p in the pound, joint PwC administrators have confirmed. The dividend, which will be paid on 28 June, will see around £3.5bn shared between more than a thousand of Lehman Brothers International (Europe) (LBIE) creditors, who have already received some £2bn in the initial dividend. The latest round of payments...

 
 
 
  Reported by Accountancy Age 15 hours ago.

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