Lehman Brothers Treasury to Further Explore Strategic Opportunities
October 15 2018 - 12:54PM
Business Wire
Lehman Brothers Treasury Co. B.V. in liquidation (“LBT”) today,
through its U.S. counsel Kramer Levin Naftalis & Frankel LLP,
announced that the liquidators of LBT are continuing to explore
various strategies to, among other things, facilitate the
consolidation of the LBT creditor base and the wind-down of the LBT
estate. To that end, the liquidators of LBT intend to engage with
certain of LBT’s creditors and other market participants regarding
potential strategies, including, but not limited to, a potential
sale of a portion of LBT’s assets. No assurances can be made that
any strategy will be employed, or if one is employed, the timing of
its implementation. LBT does not undertake to publicly update its
disclosure to reflect developments in this matter.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181015005777/en/
Kramer Levin Naftalis & Frankel LLPDaniel Eggermann,
212-715-9495