Lehman Brothers, with $600 billion in assets, more than 875 securities issuances, 6,000 program securities and 67,000 proofs of claim, contracted with Epiq to implement an innovative process to handle the extremely high volume of claims and programs securities.
Epiq worked closely with Lehman, Lehman’s counsel, trustees, creditors and the international depositories to develop and implement:
After successfully navigating what could arguably be the most complex, high-volume bar date process in history, Lehman Brothers Holdings, Inc. was well positioned to ballot their Chapter 11 plan, which ultimately was approved by an overwhelming majority of its creditors.
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