KPMG to Hold Press Briefing on Lehman, Present Update on Progress

KPMG to Hold Press Briefing on Lehman, Present...


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KPMG announces it will hold a press briefing in Hong Kong at 12:00 noon, Tuesday 24 February, to update on Lehman's creditors meetings.

The briefing will follow a shareholders meeting with Lehman Brothers Asia Capital Company (LBACC) (In Liquidation), at 11:00 am.

Edward Middleton, Head of Restructuring at KPMG will provide an update on the eight meetings held with creditors and shareholders of Lehman Brothers.

Details of the venue will be provided next week.

KPMG has held meetings with creditors and shareholders of eight Lehman Hong Kong subsidiaries:

  1. Lehman Brothers Securities Asia Limited (In Liquidation) 
  2. Lehman Brothers Futures Asia Limited (In Liquidation) 
  3. Lehman Brothers Asia Limited (In Liquidation)
  4. Lehman Brothers Asia Holdings Limited (In Liquidation)
  5. Lehman Brothers Asia Capital Company (In Liquidation)
  6. LBQ Hong Kong Funding Limited (In Liquidation)
  7. Lehman Brothers Nominees (H.K.) Limited (In Liquidation)
  8. Lehman Brothers Commercial Corporation Asia Limited (In Liquidation) 


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