Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

Hold on friend, all the board members are not over their recent snake bite! They did not see the snake. LOL

Gus - No need to call Lehman until after (like on 9/20/14) the hearing on September 9, 2014.


Go Smky - We got it covered now! I wish she read the dockets previous to yesterday for the board - no reallocation here because this is virgin territory! WOW

Toogood - This should answer your question too.

***From Docket 46073***

The Investments Should be Authorized
15. The Investments are reasonable and appropriate in light of the unique
circumstances of these chapter 11 cases and the Plan Administrator’s primary objective of
increasing distributions to holders of Allowed Claims. The Court has broad discretion under
sections 105(a) and 1142(b) of the Bankruptcy Code to facilitate the administration and
implementation of the Plan and to issue any appropriate order in furtherance thereof. See 11
U.S.C. § 105(a) (“The court may issue any order, process or judgment that is necessary or
appropriate to carry out the provisions of this title.”); 11 U.S.C. § 1142(b) (“The court may direct
the debtor and any other necessary party…to perform any other act . . . that is necessary to the
consummation of the plan”).