Lehman Brothers Holdings Inc. to Explore Opportunities to Monetize Portions of General Unsecured Claims to Be Allowed against Lehman Brothers Inc. Business Wire NEW YORK -- May 10, 2013 Lehman Brothers Holdings Inc. (“Lehman”) announced today that it intends to explore monetization opportunities related to the general unsecured claims (the “Claims”) against Lehman Brothers Inc. (“LBI”) held by it and certain of its controlled affiliates. Lehman has retained Lazard to advise it in connection with exploring these opportunities. There is no assurance that Lehman will proceed with any such opportunities. Subject to the occurrence of certain events, the Claims will be allowed pursuant to the settlement agreement, reached on February 21, 2013 between Lehman and James W. Giddens, Trustee for the SIPA Liquidation of LBI. The agreement was approved by the United States Bankruptcy Court for the Southern District of New York on April 16, 2013. Contact: Media: Lehman Brothers Holdings Inc. Kimberly Macleod, 646-285-9215 email@example.com
Lehman Brothers Holdings Inc. to Explore Opportunities to Monetize Portions of General Unsecured Claims to Be Allowed against
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