Completion of Joint Venture to Facilitate Resolution of LBIE Claims

NEW YORK--()--Lehman Brothers Holdings Inc. (“LBHI”) announced today that the joint administrators of LB Holdings Intermediate 2 Limited (in Administration), LBHI, Elliott Management Corporation and King Street Capital Management, L.P. entered into definitive documentation and consummated the Joint Venture that was previously announced on November 21, 2013. The Joint Venture aligns their interests in Lehman Brothers International (Europe) (in administration), as more fully described in the November Press Release, which can be found in the key documents section of www.lehman-docket.com.

Contacts

Media:
Lehman Brothers Holdings Inc.
Kimberly Macleod, 646-285-9215
kmacleod@lehmanholdings.com

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Contacts

Media:
Lehman Brothers Holdings Inc.
Kimberly Macleod, 646-285-9215
kmacleod@lehmanholdings.com