Lehman Brothers U.K. and Lehman Pass-Through plan approved by voters

By Caroline Salls

Pittsburgh, Feb. 27 – The Chapter 11 plan proposed by Lehman Brothers U.K. Holdings Delaware Inc. and Lehman Pass-Through Securities Inc. was unanimously accepted by voting creditors and interest holders, according to a ballot report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

Specifically, the plan was accepted by both holders of $222.6 million in Brookfield claims, holders of all $20,160 in existing Brookfield interests and holders of all $24,641 in existing Lehman interests.

Lehman Brothers U.K. Holdings (Delaware) and Lehman Pass-Through are affiliates of Lehman Brothers Holdings Inc. The affiliates’ Chapter 11 cases are being jointly administered under case number 17-12442. They filed for bankruptcy on Aug. 31, 2017.

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