The administrators of the European operations of the Lehman Brothers have announced that the company shall return assets worth more than USD 11 billion to the investors.
More than 90 per cent of the affected investors at Lehman Brothers International Europe have voted in favor of the plan to return the assets.

PricewaterhouseCoopers, announced on Wednesday that it has received the support of more than 90 per cent clients for the claim resolution agreement (CRA). CRA is a multilateral contract between Lehman Brothers Europe and its clients. This governs the basis on which the clients’ assets can be returned.

In a statement released, PwC said, “Under these arrangements, the administrators expect to return over $11 billion of the client assets.”
On September 15, 2008, when the American parent company filed for bankruptcy, Lehman Brothers Europe had about USD 32 billion of client assets. Since then, only USD 13.3 billion has been returned.