First Distribution Expected in Dutch Bankruptcy of Lehman Brothers Treasury Co. B.V. (“LBT”)

Sanctioning of LBT Composition Plan Becomes Final: Following a consent solicitation process (unprecedented in the Netherlands) which ended on 25 January 2013, the LBT Composition Plan, as proposed by the debtor LBT in its Dutch bankruptcy, was accepted by an overwhelming majority (of 99 percent in number and 96 percent in amount) at the so-called Claims Admission Meeting (verificatievergadering) (“CAM”) held in the Amsterdam District Court on 7 March 2013.
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REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE on the application of Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings The European Commission has published its report on the application of the EC Regulation on Insolvency Proceedings, together with proposals for amendments to the Regulation.
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