Lehman Brothers Holdings Inc. (LEH)

Es wird wieder Geld verdient.

Quelle: http://www.welt.de/finanzen/article108635336/...ieder-Milliarden.html

Lehman Brothers scheffelt wieder Milliarden
Auferstanden aus den Ruinen: Nach der Mega-Pleite im Jahr 2008 ist die einstige Investmentbank wieder ein großer Player am Immobilien-Markt. Nun hoffen die Gläubiger wieder auf einen warmen Geldregen.

© REUTERS
Lehman Brothers
Immobilienmarkt
Wer auf Hawaii eine Eigentumswohnung kaufen will, sich in Montana nach einem Einfamilienhaus umsieht oder ein Luxushotel in Miami sucht, der kann sich all seine Wünsche von nur einer einzigen Firma erfüllen lassen: Lehman Brother Holdings.

Vier Jahre, nachdem die Bank die größte Pleite in der US- Geschichte wegen Milliardenverlusten bei Hypotheken anmelden musste, ist Lehman noch immer – oder wieder – groß im Immobiliengeschäft dabei. Die Verwalter der Konkursmasse wetten darauf, dass sie mit ihren Aktivitäten noch rund 12,9 Mrd. Dollar (9,7 Mrd. Euro) für die Gläubiger der Bank herausholen können.

Gerade erst in diesem Jahr kauften sie die verbleibenden 53 Prozent am Wohnhauskonzern Archstone für drei Milliarden Dollar. Mit dieser Transaktion wurde Lehman Brothers zum größten Investor bei amerikanischen Geschäftsimmobilien in den vergangenen zwölf Monaten, jedenfalls gemessen am Wert.

Seit der Pleite hat Lehman insgesamt rund fünf Milliarden Dollar in Immobilien investiert – etwa über den Kauf von Krediten oder die Auszahlung von Joint-Venture-Partnern. Statt die Vermögenswerte direkt auf den Markt zu werfen und zu verkaufen, wartet Lehman auf eine Erholung an den Immobilienmärkten. Erst dann sollen die Bestände zu Geld gemacht werden.

Mit einer Pistole an der Schläfe

Vergangene Woche unternahm die Firma beispielsweise erste Schritte, um Archstone an die Börse zu bringen. Damit will sich Lehman Brothers die steigende Nachfrage nach Mietwohnungen in den USA zunutze machen. "Die gesamte Strategie bestand darin, sich nicht in eine Position zu bringen, in der man verkaufen muss", sagte Jeffrey Fitts, Chef für Immobilien bei Lehman und gleichzeitig Managing Director beim Insolvenzverwalter Alvarez & Marsal: "Wenn man verkauft mit einer Pistole an der Schläfe und die Leute wissen das, dann ist man schon tot. Und man könnte dabei hunderte Millionen von Dollar anderen überlassen."

Durch die Aktivitäten am Immobilienmarkt und durch andere Maßnahmen will Lehman bis 2016 unterm Strich 53 Milliarden Dollar für die Gläubiger eintreiben. Im Schnitt bekommen sie in diesem Szenario dann rund 18 Cent für jeden Dollar Forderungen.

Insgesamt hatten Gläubiger rund 300 Milliarden Dollar an Ansprüchen angemeldet. Die erste Runde an Auszahlungen über 22,5 Milliarden Dollar wurde vergangenen April durchgeführt.

Einer Mitteilung zufolge, will Lehman zumindest einen Teil der gehaltenen Anlagen nicht vor dem Jahr 2015 abstoßen. In derselben Erklärung erhöhte die Firma ihre Prognose für die Eintreibung von Geldern am Immobilienmarkt um 1,6 Milliarden Dollar, verglichen mit den ein Jahr zuvor geäußerten Erwartungen zu diesem Bereich. Die Pleite von Lehman Brothers im September 2008 kam rund 158 Jahre nach der Gründung des Unternehmens als Baumwoll-Broker im US-Bundesstaat Alabama.

Zu viele risikoreiche Immobilienwetten

Lehman musste Bankrott anmelden, weil der Finanzkonzern überschuldet war und zu viele risikoreiche Immobilienwetten eingegangen war. Das zeigten spätere Untersuchungen zur Pleite der Bank. Ex-Konzernchef Richard Fuld hatte für 2005, 2006 und 2007 Rekord-Zahlen vorgelegt, nachdem er sich den Boom am Immobilienmarkt zunutze gemacht hatte. Unter seiner Führung wurde Lehman zum größten US-Besitzer von Wertpapieren, die mit Hypotheken besichert sind.

Am Tag vor der Pleite am 15. September 2008 wies Lehman Immobilien-Investments im Volumen von 23 Milliarden Dollar aus. Neun Monate später hatten diese nur noch einen Marktwert von 14 Milliarden Dollar, wie aus bei Gericht eingereichten Unterlagen hervorgeht.

"Wenn ich Gläubiger wäre und keine Ahnung von Immobilien hätte, dann würde ich heute fast Lehman als meinen Immobilien- Berater in Erwägung ziehen", sagte Lawrence Longua, Director bei REIT Center in New York: "Sie nehmen sich einen Vermögenswert vor, und holen das Meiste raus. Das sollte für mich als Gläubiger nur Vorteile bringen."

Bloomberg/ww

Docket #30029, 08/14/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Fortieth Omnibus Objection to Claims (Settled Derivatives Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/13/2012,
(Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1781559  

Docket #30030, 08/14/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Forty-First Omnibus Objection to Claims (No Liability Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/14/2012, (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1781568  

Docket #30031, 08/14/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Forty-Second Omnibus Objection to Claims (Employment-Related Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/14/2012,
(Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1781569  

Docket #30032, 08/14/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Forty-Third Omnibus Objection to Claims (No Liability Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/13/2012, (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1781570  

Docket #30033, 08/14/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Forty-Fourth Omnibus Objection to Claims (Duplicative Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/13/2012, (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1781571  

Docket #30034, 08/14/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Forty-Fifth Omnibus Objection to Claims (Valued Derivative Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/13/2012,
(Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1781572  

Docket #30035, 08/14/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Thirty-Eighth Omnibus Objection to Claims (Late-Filed Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/13/2012, (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1781573  

Docket #30055, 08/15/2012:  Motion for Objection to Claim(s) Number: 14824 and 14826 filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/15/2012, (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1782250  

Docket #30062, 08/15/2012:  Motion for Omnibus Objection to Claim(s) / Three Hundred Forty-Sixth Omnibus Objection to Claims (Securities Claims) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) Responses due by 9/13/2012, (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1782302  

Docket #30129, 08/16/2012:  Notice of Adjournment of Hearing of the Three Hundred Twenty-Eighth Omnibus Objection to Claims (No Liability Claims) Solely as to Certain Claim filed by Jacqueline Marcus on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Marcus, Jacqueline).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783004  

Docket #30130, 08/16/2012:  Notice of Adjournment of Hearing on Debtors NINETY-SEVENTH OMNIBUS OBJECTION TO CLAIMS (related document(s)[14492]) filed by Michael A. Rollin on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Rollin, Michael).
Case: Lehman Brothers Holdings Inc.
Related: 14492.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783025  

Docket #30131, 08/16/2012:  Notice of Adjournment of Hearing OF DEBTORS ONE HUNDRED TWENTY FIFTH OMNIBUS OBJECTION TO CLAIMS (INSUFFICIENT DOCUMENTATION) (related document(s) [16079]) filed by Michael A. Rollin on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Rollin, Michael).
Case: Lehman Brothers Holdings Inc.
Related: 16079.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783051  

Docket #30132, 08/16/2012:  Notice of Adjournment of Hearing OF DEBTORS OBJECTION TO PROOF OF CLAIM NO. 66099 FILED BY SYNCORA GUARANTEE, INC.
(related document(s) [20087]) filed by Michael A. Rollin on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Rollin, Michael).
Case: Lehman Brothers Holdings Inc.
Related: 20087.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783052  

Docket #30133, 08/16/2012:  Notice of Adjournment of Hearing OF DEBTORS OBJECTION TO CLAIM NO. 58912 FILED BY CITIBANK, N.A., LONDON BRANCH filed by Michael A. Rollin on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Rollin, Michael).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783053  

Docket #30134, 08/16/2012:  Notice of Adjournment of Hearing OF DEBTORS PARTIAL OBJECTION TO CLAIM NO. 67735 FILED BY CITIGROUP GLOBAL MARKETS, INC. filed by Michael A. Rollin on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Rollin, Michael).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783058  

Docket #30138, 08/16/2012:  Notice of Adjournment of Hearing of the Three Hundred Eighteenth Omnibus Objection to Claims (Partnership Claims) Solely as to Certain Claims filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783090  

Docket #30146, 08/17/2012:  Notice of Adjournment of Hearing / Notice of Further Adjournment of the Two Hundred Eightieth Omnibus Objection to Claims (No Liability Claims) filed by Lynn P. Harrison III on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Harrison, Lynn).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783318  

Docket #30161, 08/17/2012:  Notice of Adjournment of Hearing of Objection to Claim No. 17763 Filed by Laurel Cove Development, LLC (related document(s) [29187]) filed
by Jacqueline Marcus on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Marcus, Jacqueline).
Case: Lehman Brothers Holdings Inc.
Related: 29187.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783415  

Docket #30185, 08/17/2012:  Notice of Adjournment of Hearing of Three Hundred Twentieth Omnibus Objection to Claims (No Liability LB Rose Ranch LLC Claims) Solely as to Certain Claims (related document(s) [29292]) filed by Jacqueline Marcus on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Marcus, Jacqueline).
Case: Lehman Brothers Holdings Inc.
Related: 29292.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783513  

Docket #30187, 08/17/2012:  Notice of Adjournment of Hearing of Objection
to Claim No. 17588 Filed by Logan Hotels and Resorts, Mexico, S.A. de c.v. et al.
(related document(s) [29174]) filed by Jacqueline Marcus on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Marcus, Jacqueline).
Case: Lehman Brothers Holdings Inc.
Related: 29174.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783520  

 PLEASE TAKE NOTICE:
· In accordance with sections 1.48 and 8.3 of the Modified Third Amended Joint Chapter 11
Plan of Lehman Brothers Holdings Inc. and Its Affiliated Debtors, dated December 5, 2011
[ECF No. 22973] (the “Plan”),1 the second Distribution Date shall be October 1, 2012 (the
“Second Distribution Date”).
· Pursuant to section 8.11 of the Plan, for purposes of the Second Distribution Date, the
Debtors and the Plan Administrator will not recognize any transfer of Claims recorded
on the claims register after August 31, 2012.
· The Debtors may not make any Distribution to a holder of an Allowed Claim unless
such Claim holder submits, on or before September 7, 2012, both the appropriate (i)
Internal Revenue Service tax form (“Tax Form”) and (ii) certification pertaining to
Office of Foreign Assets Control compliance (“OFAC Certification”). For further
information concerning the Tax Form and OFAC Certification, please review the Notice to
Holders of Allowed Claims Regarding Plan Distributions, dated February 15, 2012 [ECF No.
25392]. Copies of the Tax Form and form for OFAC Certification are available at
www.lehman-docket.com.

 

Published 17 August 2012
Lehman appoints BlackRock to administer $3bn loan assets
By STAFF Writer:

"Lehman Brothers Holdings appointed BlackRock to manage approximately $3bn of loans it offered to companies before filing the bankruptcy in September 2008, as the lender gears up to repay creditors.

The BlackRock Solutions advisory group was given the contract to oversee the assets and before that WCAS Fraser Sullivan Investment Management administrated the loans, which are generally related to high-yield, high-risk companies, reports Bloomberg.

Bloomberg reported a Lehman spokeswoman Kimberly Macleod as saying, "The manager was changed by mutual agreement between the company and the prior manager due to a shift in strategy."

Lehman had announced in March 2012 that it emerged from bankruptcy and switched to BlackRock as it battles to accumulate $53bn until 2016 to pay back the creditors.

In August 2011, the bankruptcy court allowed WCAS Fraser Sullivan to oversee $5.3bn of the debt, including $1.5bn of unfunded loan commitments".

SOURCE / LINK / QUELLE  dieser Kurz-Meldung:
http://...man-appoints-blackrock-to-administer-3bn-loan-assets-170812  

Docket #30205, 08/20/2012:  Notice of Adjournment of Hearing of Three Hundred Thirty-Fifth Omnibus Objection to Claims (Invalid or No Blocking Number LPS Claims) Solely as to Certain Claim (related document(s) [29330]) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: 29330.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1783886  

Docket #30217, 08/20/2012:  Notice of Adjournment of Hearing of Debtors Three Hundred Fourth Omnibus Objection to Certain Filed Proofs of Claim Solely as to Certain Claims filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. with hearing to be held on 9/27/2012 at 10:00 AM at Courtroom 601 (JMP) (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/1784011