Lehman Brothers Holdings Inc.’s creditors are set to receive about $17.9 billion next month in the fifth such distribution since the company filed the biggest U.S. bankruptcy at the peak of the financial crisis, Bloomberg News reported yesterday. The payout scheduled for April 3 will include about $11.7 billion on third-party claims and $1.1 billion for recently allowed claims that would have been paid by earlier distributions, lawyers for the defunct investment bank said today in a filing in U.S. Bankruptcy Court in New York. A sixth payout is expected around Sept. 30, Lehman said. Lehman’s estate has already paid out more than $56 billion to third-party creditors — a figure that’s expected to reach at least $80.6 billion before the case is resolved, court records show. That estimate, made public in July, is an increase over the $65-billion recovery projected in the company’s liquidation plan approved in December 2011.
