PwC UK, administrators of collapsed bank Lehman Brothers UK operations, have said £5bn ($8.3bn) of surplus could be available for distribution to creditors.
PwC UK said: "£5bn of surplus cash could eventually be available to make further payments to creditors, following their success in recovery assets and cash, working together with the remaining Lehman team over the last five years".
The allocation of the surplus remains uncertain due to "matters which are the subject of disputes being argued in the UK courts" and the firm also said it is currently "developing a consensual solution proposal to put to creditors, in the near future".
PwC UK also announced another full interim repayment to ordinary unsecured creditors such as hedge funds, asset managers and other banks. In this interim repayment unsecured creditors will officially recoup 100pence in the pound of their claims, PwC UK said.
US investment bank Lehman Brothers collapsed in 2008.
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