European subsidiaries of Lehman Brothers may request up to $ 100 billion from the headquarters in the U.S.

Former European subsidiaries of bankrupt U.S. bank Lehman Brothers (Lehman Brothers) intend to lodge complaints and request to 100 billion dollars from his former station, said the online edition the newspaper Financial Times.

Complaints have been prepared by the consulting company PricewaterhouseCoopers (PriceWaterhouseCoopers), which acts as an administrator of the main activities in Europe of Lehman Brothers. Her assistant says Tony Loumas told the Financial Times that complaints are very different in nature and extremely complex, many of them are related to the guarantees of the plant, given its subsidiaries. More than 100 former subsidiaries of Lehman Brothers in Europe wants to be paid for their work with clients and creditors after bankruptcy.

Lehman Brothers declared bankruptcy in September 2008 because of debts totaling over 613 billion dollars and asked for protection from creditors under U.S. bankruptcy law. Financial Times stated that under the decision of the U.S. Court of Appeal must be submitted by 22 September. For its part in European subsidiaries of Lehman Brothers received complaints from customers who want them to be paid billions of dollars.

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Finance

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