n">(Reuters) Lehman Brothers Holdings Inc said on Wednesday it plans to distribute about $14.2 billion http://www.coltsonlineprostore.com/WOMENS-PAT-MCAFEE-JERSEY.html to creditors early next month, as the company winds down following its emergence from bankruptcy protection last year.
The distribution, to be made April 4, will be Lehman's third since it emerged from Chapter 11 protection on March 6, 2012.
April's payout will include $9.4 billion to third party creditors and affiliates, $4.4 billion to other Lehman debtors and affiliates, and $370 million Adam Vinatieri Authentic Jersey for claims deemed valid since the second distribution on October 1.
Following the distribution, holders of senior unsecured claims against the parent company will have received about 14.8 cents on the dollar on their claims, a court filing showed.
Lehman's next distribution is Coby Fleener Authentic Jersey expected around September 30.
Separately, Lehman said it has reached a settlement with Lehman Brothers Finance AG, its former Swiss based derivatives unit, over billions of dollars of guarantees and intercompany claims.
It said terms will be disclosed later. The settlement requires court approval, and Lehman said www.coltsonlineprostore.com/WOMENS-CORY-REDDING-JERSEY.html it expects a hearing to be held on April 24.
Lehman's wind down is expected to take a few years.
Once Wall Street's fourth largest investment bank, Lehman filed for bankruptcy protection on September 15, 2008, in what was a major trigger for that year's global financial crisis. history.
Separately on Wednesday, Lehman issued its monthly operating report.
It has spent about $2.08 billion on fees and expenses for restructuring advisers, law firms and other professional counsel since the bankruptcy began, court filings showed.
The payout for services since the company emerged from Chapter 11 has been about $192 million, including $14.7 million in February, the filings show. Bankruptcy Court, Southern District of New York, No. 08 13555. Thomson Reuters journalists are subject to an Adam Vinatieri Jersey Editorial Handbook which requires fair presentation and disclosure of relevant interests.
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