Lehman Brothers International Europe’s prime brokerage clients will get as much as $3.3 billion that UK bankruptcy administrators collected after the investment bank’s collapse, according to Bloomberg.

PricewaterhouseCoopers asked a London court for guidance on what to do with the money, taken in after the Lehman Brothers International affiliate sought UK bankruptcy protection last year, the news agency said.

The bankruptcy of Lehman Brothers last year raised a number of problems for investors in companies or funds where the US investment house had acted as a prime broker, holding shares in firms temporarily entrusted to it. In recent months, complex negotiations have been held to resolve these issues.

At issue was whether the funds should be returned to prime-brokerage clients that LBIE held securities for, or used to pay creditors generally. RAB Market Cycles (Master) Fund Ltd represented the clients, largely hedge funds, the report said.

LBIE, which ran Lehman’s prime brokerage in London, had about 900 hedge funds and other asset managers as clients, according to the ruling. Lehman’s bankruptcy froze at least $65 billion in customer assets held by the parent company’s New York brokerage unit, Lehman Brothers Inc, PwC has estimated.