NEW YORK--(BUSINESS WIRE)--Lehman Brothers Holdings Inc. filed today in U.S. Bankruptcy Court for the Southern District of New York cash flow estimates for itself and its controlled affiliates for the period beginning April 5, 2014 through their estimated end of activities. Total cash from operations for the period subsequent to the commencement of their bankruptcy cases is now estimated to be approximately $88.8 billion, reflecting an $8.3 billion increase from the cash flow estimates filed with the court in July 2013. The increase is primarily due to positive execution results; recent collections, claims mitigation and other activities at Non-Controlled Affiliates which have resulted in increases in estimated recoveries from these entities; and increases in the estimated value of certain assets.
The cash flow estimates and related filings, including recent balance sheets, the chapter 11 plan and disclosure statement, can be found at www.lehman-docket.com in the "Key Documents" section. The Company has established an email address, which can also be found in the filing referenced above, to receive questions regarding financial disclosures. The Company will continue to review questions and, where appropriate, post responses.