Wednesday, November 30, 2016 6:52:28 PM
"Cotton, a simple question, a guess question for you.
In your opinion do you see a favorable outcome for CTS?"
We have a few pennies and a little time invested in Lehman Brothers.
Whereas, 25000 plus Lehman Brothers employees invested "too much" into Lehman Brothers.
Lets read the news and see if the wise men trash $55 Billion plus in net operating losses.
***
WL Ross Gets OK To Buy Lehman's $110M Stake In Navigator
By Lisa Uhlman
Law360, New York (September 19, 2012, 6:02 PM EDT) -- A New York bankruptcy judge on Wednesday approved the $110.2 million sale of Lehman Brothers Inc.'s stock in propane transporter Navigator Holdings Ltd. to investment tycoon Wilbur Ross Jr.'s WL Ross & Co. after no higher bids were submitted.
U.S. Bankruptcy Judge James M. Peck granted final approval to the sale, which he initially greenlighted in August while requiring the trustee liquidating the Lehman estate to entertain a higher offer for the 34 percent stake in the company if one were to emerge. But with no such offer on the table, the judge approved the sale to WL Ross, giving it a majority stake in the company, which operates a fleet of tankers that ship gas, ammonia and other petrochemicals.
Ross was in the courtroom for the proceeding.
http://www.law360.com/articles/379826/wl-ross-gets-ok-to-buy-lehman-s-110m-stake-in-navigator
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM