Milestone Agreements Resolve Billions in Intercompany ClaimsLehman Brothers • February 26th, 2013
Contract Type FiledFebruary 26th, 2013New York and London, February 26, 2013 — The Trustee for Lehman Brothers Inc. (“LBI”), Lehman Brothers Holdings Inc. and certain of its debtor and non-debtor subsidiaries (“LBHI”), and the Joint Administrators of Lehman Brothers International (Europe) (“LBIE”) have entered into two separate agreements settling all intercompany claims between LBI on the one part, and LBHI and LBIE on the other part. The LBI Trustee today filed motions seeking approval of the agreements with the U.S. Bankruptcy Court.