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PwC plans to accelerate Lehman payouts

“Consensual Approach” to unsecured creditors

Author: Pat Sweet

Publication date: 18 June 2010

Joint administrators from PricewaterhouseCoopers have announced innovative plans to speed up the process for determining unsecured creditor claims in the Lehman Brothers International (Europe) (LBIE) administration.

Joint administrators from PricewaterhouseCoopers have announced innovative plans to speed up the process for determining unsecured creditor claims in the Lehman Brothers International (Europe) (LBIE) administration: they proposed “Consensual Approach” to unsecured creditors.