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It's my superpower. Well one of them...🤣
Welcome. Yes and yes.
Thanks for your message.I don't have PM.
Any idea when Lehman bankruptcy closes. Any one TIA.
I was joking JC.
Thank you.
JPMCB as our Agent, cancelled the LBHI CTs' on July 25, 2017.
Also, JPMCB cancelled many of their own CTs' in 2017 and distributed the junior subordinated debentures to the Holders. The Holders' collect interest payments.
So we are waiting on cash or junior subordinated debentures during or after this bankruptcy. The Expert Market was designed for our current status.
Basic Stats
Institutional Owners 43 total, 43 long only, 0 short only, 0 long/short - change of -2.27% MRQ
Average Portfolio Allocation 0.1167 % - change of 8.33% MRQ
Institutional Shares (Long) 1,239,479 (ex 13D/G) - change of -0.04MM shares -2.86% MRQ
Institutional Value (Long) $ 49,583 USD ($1000) Value Long
Lol… not you lol
Is this going to come off expert market? Hasn’t this been dead for years?
💃🏇🤸🏄️👯Continue:
The Administrators have formally lodged a subordinated
claim of £1,852.8m against LBHI2, which comprises a
total claim of US$3,186.0m less £337.0m which has been
paid by LBHI2 to date.
Given the above, the outcome for LBH’s creditors is highly
dependent on recoveries from LBHI2, which in turn is
dependent on the final outcome in the LBIE estate (after
taking account of LBHI2’s sharing arrangements under the
Wentworth Joint Venture (“WW”) sharing agreement).
2.1 Key value drivers
Overview
Whilst the Framework Agreement has resolved a number
of material matters affecting the LBH estate, the nature of
the Company’s assets and ongoing realisations mean that
any estimate of the final outcome for creditors continues to
be uncertain.
The main matters which continue to affect the ultimate
outcome for creditors include:
LBHI2
As reported previously, the Priority Litigation has now
been finally determined with LBH being LBHI2’s priority,
subordinated creditor. This is in priority to SLP3, the other
subordinated creditor of LBHI2.
👉️The Administrators have formally lodged a subordinated
claim of £1,852.8m against LBHI2, which comprises a
total claim of US$3,186.0m less £337.0m which has been
paid by LBHI2 to date.
Given the above, the outcome for LBH’s creditors is highly
dependent on recoveries from LBHI2, which in turn is
dependent on the final outcome in the LBIE estate (after
taking account of LBHI2’s sharing arrangements under the
Wentworth Joint Venture (“WW”) sharing agreement).👈️
There remains great uncertainty as to the final outcome of
the LBIE estate. To date, LBHI2 has received from LBIE
equity distributions totalling £337.0m, of which it has
retained £168.5m under the WW sharing arrangements.
The current status of the main issues in the LBIE estate is
as follows:
? AGFP litigation:
On 8 March 2023, Justice Crane issued her
decision finding in favour of AGFP with the
Clerk’s office entering judgment on 30 June
2023.
During the Reporting Period, LBIE decided to
appeal against Justice Crane’s judgment and on
22 September 2023 LBIE filed its initial appeal
brief.
LBIE anticipates that the earliest date for the
appeal to be heard is February 2024 with the
appeal process taking up to two years to be
concluded.
? US Tax reclaim:
As set out in LBIE’s previous reports, in August
2021 the Internal Revenue Service (“IRS”)
approved LBIE's request for treaty benefits
through the competent authority process,
allowing recovery of taxes. Tax returns were filed
with the IRS in Q4 2021 with the resultant tax
repayment expected in 2024.
? Firth Rixson:
In October 2022, Mr Justice Hildyard found in
LBIE’s favour, however, Firth Rixson sought to
appeal the decision. In the Reporting Period, a
consensual settlement was reached between the
parties resulting in Firth Rixson agreeing to pay a
substantial sum in LBIE’s favour. The settlement
amount is to be received by LBIE in two
instalments (with the first instalment of c.£12m
having been paid on 12 July 2023, and the
second instalment falling due on 14 July 2024).
Lehman Brothers Limited
The Company has an entitlement to post-administration
statutory interest on a claim against LBL that was
assigned to the Company in 2019 by Lehman Brothers
Europe Limited (now dissolved), the principal element of
the claim having previously been paid in full.
In total, approximately 77.6% of the post-administration
statutory interest entitlement in relation to this claim has
been paid to date.
10 Administrators’ Progress Report from 15 March 2023 to 14 September 2023
🤑🤑🤑🤣 Just like the ECAPS' held by partnerships 12&3, LBHI could payoff the CTs' principal ($25 per/share) and back interest (8% simple over 15.5 + years) and keep their junior subordinated debentures held by the BNYM for another purpose.
The IRS would receive a truck load of cash from this win/win scenario or the Framework Agreement.
Why did the PWC Administrator's for LBHI2, 30th Progress Report, submit a $1.8 Billion subordinated claim against LBHI2 ? The Wentworth Group versus the CTs Holders' preferred equity global prospectus guarantees?
The alternative outcome..m
The tier Y distribution applies for the next layer
2 of funds, if available , as your Lordship can see. And
3 there are at this point, and this feeds into the issue 1
4 debate which we are having, and I’m told to say that
5 no one can rely upon the terms of this in respect of the
6 argument, but I haven’t heard anyone seek to do so, so
7 I don’t think that is a point we need to worry about too
8 much.
9 There are three alternative distributions under tier
10 Y, one called an ECAPS outcome, one under an LBHI
11 outcome, and one under an alternative outcome. And if
12 you go back to page 6, at the top of page 6 the
13 definition of ECAPS outcome, which essentially means if
14 GP1 wins. And on page 7 there is an LBHI outcome, which
15 gives the plaudits to Mr Allison’s client .
16 👉️The alternative outcome, if you go back to page 10,
17 is anything that isn’t 1 or 2. And in that event, as
18 your Lordship can see, there will need be
19 a recalibration depending on what it is, if it is
20 exists .
21 MR JUSTICE HILDYARD: That is a case I sort of go off piste,
22 as it were.
23 MR BELTRAMI: I haven’t put that in my notes, my Lord. Yes,
24 it is a for the avoidance of doubt clause. And if that
25 were to occur, then the parties would have to reconsider
MR JUSTICE HILDYARD: Well, thank you for making it
2 available . I don’t either approve or disprove it ,
3 I simply note this is the basis on which you have
4 proceeded. My questions really relate to finality .
5 MR BELTRAMI: Yes.
6 MR JUSTICE HILDYARD: And in that context, I noticed two
7 things which you may assist me on. The first is that 👉️DB
8 is described as an informal representative of other
9 persons interested in the same way, and I take it that
10 there is no issue in that regard, and I can take it that
11 the issue which will have been argued by DB one way or
12 the other will be, in effect , concluded. There might
13 not be a strict issue estoppel but it is very late , you
14 haven’t advertised the fact of this congregation, it
15 should be sufficient . Is there anything I need to be
16 wary of in that respect?
17 MR BELTRAMI: I don’t believe there is. Your Lordship is
18 right that DB’s position has always been not a formal
19 representative of the ECAPS holders.
20 MR JUSTICE HILDYARD: Yes.
21 MR BELTRAMI: And it has been argued on that basis
22 throughout.
23 MR JUSTICE HILDYARD: Yes.👈️
24 MR BELTRAMI: My understanding is there a level o
MR JUSTICE HILDYARD: Right, okay.
5 MR BELTRAMI: But that is something that essentially can’t
6 be legislated for at the moment.
7 So far as the administrators are concerned, they
8 propose to distribute along these lines .
9 MR JUSTICE HILDYARD: Yes. I suppose there are two issues
10 very closely related . 👉️The first is whether, as I take
11 it to be, all ECAPS holders and all persons interested
12 under the DB banner have had full and proper notice of
13 the fact that this was ”put up or shut up” time in terms
14 of raising any arguments they wished to raise.
15 MR BELTRAMI: Yes.👈️
16 MR JUSTICE HILDYARD: Point 1. Point 2 is whether, in the
17 time available , they had personally committed to the
18 agreement you have handed up, which is, you say, some
19 have, some haven’t.
20 MR BELTRAMI: My Lord, yes. This may ultimately I suppose
21 may be something for Ms Hilliard, because it is a matter
22 between the GP1 liquidators --
23 MR JUSTICE HILDYARD: Yes.
24 MR BELTRAMI: -- and the ECAPS holders.
25 MR JUSTICE HILDYARD: Yes, you are right.
5
1 MR BELTRAMI: My understanding certainly is I know the head
4 -
Priority Legal Issue 1 and any remaining aspects of the Strike Out Application which related to the Priority
Legal Issue 1 were heard on 9 and 10 October 2023, and copies of the daily Court transcripts can be found
below:
lbh-daily-transcript-9-october-2023.pdf (pwc.co.uk)
lbh-daily-transcript-10-october-2023.pdf (pwc.co.uk)
At the conclusion of the two-day hearing Mr Justice Hildyard reserved judgment.
Qualification Statement: this notice has been prepared using information obtained by Bruce Alexander
Mackay and Matthew Robert Haw (i) acting as the Joint Liquidators of the Company; and (ii) acting as
licensed insolvency practitioners specifically in relation to winding-up the Partnerships pursuant to an order
of the High Court made in accordance with section 6(3) of the Limited Partnerships Act 1907. Reference in
this notice to the Joint Liquidators also includes (where the context requires) Bruce Mackay and Matthew
Haw acting as insolvency practitioners for the purpose of winding-up the Partnerships. Given the wider
international failure and insolvency of associated Lehman entities and the passage of time since the
Partnerships were active, it has been difficult to obtain all information relevant to the Partnerships and
readers of this notice should understand that the Joint Liquidators' investigations have been hampered (in
some cases) by the paucity of financial information and documentation.
Neither the Joint Liquidators nor RSM Restructuring Advisory LLP accept any liability whatsoever arising as
a result of any decision or action taken or refrained from as a result of information contained in this notice.
This notice should be read in conjunction with the previous notices to the Holders issued by the Joint
Liquidators on 23 June 2017, 13 November 2017, 11 May 2018, 19 November 2018, 25 September 2019,
17 March 2021, 30 August 2022 and 21 September 2023 copies of which are available on request.
Contacts: holders of the Securities who have queries concerning anything mentioned in this notice may
contact the Joint Liquidators at:
RSM Restructuring Advisory LLP, 25 Farringdon Street, London, EC4A 4AB
E-mail: Samantha.Hawkins@rsmuk.com
Please note that in any correspondence with the Joint Liquidators, holders of the Securities will be required
to verify their holdings of the relevant Securities to the Joint Liquidators by:
• such holder(s) sending an e-mail to the Joint Liquidators c/o Samantha Hawkins using the email
address shown above and referencing "LB GP No. 1 Ltd (In Liquidation)" and the ISIN of the
Securities in the subject line and disclosing the identity of the holder, the identity of the Partnership
or Partnerships which issued the Securities, the nominal amount of each ISIN held by the holder
and the details of the person(s) who shall represent the holder; and
• such holder(s) providing (by e-mail to the Joint Liquidators c/o Samantha Hawkins) a letter, screen
shot or other proof of holding (in each case from Euroclear/Clearstream and their custodian (if
applicable)) verifying each of its holdings in the Securities and disclosing the following information:
o ISIN
o Account number
o Participant name
o Nominal amount
o Beneficial Holder details (including e-mail address)
This notice is given by
Bruce Alexander Mackay
Acting as Joint Liquidator of LB GP No.1 Ltd without personal liability
Of RSM UK Restructuring Advisory LLP
ISIN/CUSIP numbers used in this notice have been included solely for the convenience of the holders of
Notes. The Joint Liquidators assume no responsibility for the selection or use of such number and make no
representation as to the correctness of the numbers listed above.
🔔📯📣🔉🔊 Deutsche Bank and others, per the October 9th and 10th 2023 UK Court's transcripts. CTs? Who else?
LBH PLC's Waterfall...matters.
If the Parties are unable to
agree such split by the time of signing the Framework Agreement,
the Framework Agreement shall include a provision requiring the
Parties in such a scenario to consult and negotiate in good faith to
reach agreement as to the distribution of Tier Y and Tier Z
consistent with the Framework Agreement and any judgment or
order which the court/appellate court may have made on Priority
Legal Issue 1.
WITHOUT PREJUDICE
SUBJECT TO CONTRACT
4
appealable order or decision of the
court/appellate court having the effect that
statutory interest payable on the claim in respect
of the PLC Sub-Notes (“Claim D”) falls to be paid
in priority to the principal amount of the PLC
Sub-Debt (“Claim C”) (an “ECAPS Outcome”)), to
be applied:
i. 94% to GP1; and
ii. 6% to LBHI.
b. If LBHI prevails in relation to Priority Legal Issue 1
(in the form of a final and non-appealable order
or decision of the court/appellate court having
the effect that the principal amount of Claim C
falls to be paid in priority to statutory interest
payable on Claim D) (an “LBHI Outcome”), 100%
to LBHI.
Once Tier Y Distributions in respect of (a) or (b) above
have been made which total £225m (the “Maximum
Tier Y Distributions”), any further distributions shall
be Tier Z Distributions (defined below).
iii. Tier Z: (subject to the Tier Z Distribution Condition) any
and all further Available Funds after payment of the Tier
X Distributions and the Maximum Tier Y Distributions in
full will be distributed by the PLC Administrators as
follows:
a. If there is an ECAPS Outcome in relation to
Priority Legal Issue 1, to be split 42% (GP1) and
58% (LBHI);
b. If there is an LBHI Outcome in relation to Priority
Legal Issue 1, to be split 12% (GP1) and 88%
(LBHI);
(the “Tier Z Distributions”).
The Parties will use reasonable endeavours to agree and
incorporate into the Framework Agreement provision as to the
economic split of Tier Y and Tier Z in the event that, at the
conclusion of the current court directions application process
(including any appeals) there is neither an ECAPS Outcome nor an
LBHI Outcome to Priority Legal Issue 1. 👉️If the Parties are unable to
agree such split by the time of signing the Framework Agreement,
the Framework Agreement shall include a provision requiring the
Parties in such a scenario to consult and negotiate in good faith to
reach agreement as to the distribution of Tier Y and Tier Z
consistent with the Framework Agreement and any judgment or
order which the court/appellate court may have made on Priority
Legal Issue 1.👈️
THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND
BENEFICIAL OWNERS OF THE SUBJECT SECURITIES. IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND
OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO EXPEDITE THE RE-TRANSMITTAL TO
BENEFICIAL OWNERS OF THE SECURITIES IN A TIMELY MANNER.
1
LEHMAN BROTHERS UK CAPITAL FUNDING IV LP (“LP IV”)
EUR 200,000,000 EURO FIXED RATE ENHANCED CAPITAL ADVANTAGED PREFERRED
SECURITIES (“LP IV PREFERRED SECURITIES”)
ISIN XS0282978666
👉️21 September 2023
Liquidation of LB GP No.1 Ltd (“the Company”) and implications for parties interested in the LP IV
Preferred Securities
1 PRELIMINARY INFORMATION
1.1 THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.
1.2 If you are in any doubt as to the action you should take, you are recommended to seek
your own financial, legal, or other advice immediately from your stockbroker, bank
manager, solicitor, accountant, or other appropriately authorised independent financial
adviser.
1.3 If you have sold or
That math would be lovely. A big deal this stage - enough to pay $25 min liqu amt guarantee almost.
Sorry he was replying to the post I made with some of my commentary on quotes. I had linked at bottom - thanks for sharing yours I will look at it. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173903345
Great minds think alike, glad to see people remembered February 2024 date for oral hearing.
Lol that was me. I found the case number somehow but fuck did they make it hard to find!
Your gonna iggy me...
Lol
True as it gets...
ADDICTION. YEP
May be you forget who did what when. If two 18 year old identical twins.
I wish I had the iggy’ button lol
I wish I had the iggy’ button lol
I wish I had the iggy’ button lol
RE: But why do we keep looking..
—-//——//——
Obsession
No offense to cotton
But why do we keep looking at old interest numbers and such.?
Who really cares?
I just care about this being done over. Period.
Your Wish is Granted just posted.
Please note... IT'S 2024!!!
Got a link??? No... as usual.
Just for laughs has the admin. Figured or planned a way for LB to get back into the Market. Just a hint. The Twins are offering reperforming blocks of mortgage loans into the Market. They are offering heavily discounted portfolios... for pennies on the Dollar. Just A HINT!!!
get'er DONE.
Fannie Mae is Selling Thousands of Non Performing Mortgages - Don't Tell Anyone!
See Here
You Really should provide a link. Instead of just Excerpting Everything.
https://casetext.com/case/lehman-bros-intl-europe-in-administration-v-ag-fin-prods
Voilà
800 shares traded for Friday....
have a good weekend y'all
LBIE's Back interest from AGFP:
$485,000,000×0.08% × 15 years = $582,000,000
$485,000,000+$582,000,000= $1,067,000,000
Or
$485,000,000×0.08% = $38,800,000 per year
From real777mellon:
On 1/12/24 Rossman filed his Reply Brief on time (30 pages) where he claims the AFGP owes $485M to LBIE:
The judgment should be reversed, and the Court should enter a judgment of
$485 million in favor of LBIE, plus interest. In the alternative, the Court should
13 Neither of AGFP’s other fact witnesses had any personal knowledge
either. A3023; A3843.
30
vacate the judgment and instruct Supreme Court to issue a decision that considers
market pricing and applies an objective standard of reasonableness.
Date: January 12, 2024
Respectfully submitted,
By: Andrew J. Rossman
https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=nBhmPgrlziYnQ3JvgTtW2A==&display=all
Would be great if the judge was like okay, the LBIE legal team's argument and reply brief > the no show low effort by AGFP's legal... I aware you $485 M + statutory interest = to 8% and 15+= years ;)
Music to my ears!!
AGFP's legal team has just 7 days left in February to do their oral argument if they no-show the documentation filed so far favors the LBIE firm led by Rossman. I read the email that Rossman's firm rejected AGFP's legal team's request to push the oral argument to April. So now the no show potential could lead to the court using the filed documents so far to make a decision and in a non-biased opinion Rossman crushed AGFP in his 1/12/24 brief response. Nailed them with straight facts, figures, examples of how AGFP's brief was just all words but no proof of how its calculations and money demanded from LBIE have any basis or proper valuation for what it claims to be owed. The 1/12/24 filing by Rossman should be enough for Rossman to win LBIE's appeal. Then its back to the UK to wrap up and come home to LBHI to close our CH 11 after whatever money we made in private settlements with 80 worldwide subsidiaries outside court and whatever we get from LBIE LBH PLC or LBT maybe is left and then we can get our suspended cash distributions from the property trustee in one lump sum of cash :)
Thanks, AGFP vs LBIE:
i
TABLE OF CONTENTS
Page
PRELIMINARY STATEMENT ...............................................................................1
ARGUMENT.............................................................................................................4
I. AGFP IGNORES SUPREME COURT’S DISREGARD OF
BINDING PRECEDENT REQUIRING A MARKET VALUATION...........4
II. AGFP FAILS TO EXCUSE SUPREME COURT’S DISREGARD
FOR EVIDENCE OF MARKET PRACTICE, WHICH VALUED
THE TRADES AT $485 MILLION IN LBIE’S FAVOR ..............................9
A. Trial Established A Uniform Industry Practice Of Valuing CDS
Using Market Prices And Market Data...............................................10
B. Market Prices Were Available For All Of The Transactions .............14
1. The ABX Transactions Were Worth $329 Million Based
On Published Pricing ................................................................14
2. The UK RMBS And CLO Transactions Were Worth
$172 Million Based On Published Pricing ...............................16
3. The Failure Of Market Quotation Did Not Render Market
Prices “Unavailable”.................................................................18
4. AGFP’s Refusal To Permit A Novation Did Not Render
Market Prices “Unavailable” ....................................................19
5. Derivatives Markets Were Not Dislocated ...............................20
6. LBIE Never Agreed With AGFP’s Valuation ..........................21
C. Market Prices Were Relevant to AGFP’s Calculation of Loss...........22
III. AGFP FAILS TO ESTABLISH THE REASONABLENESS OF ITS
LOSS CALCULATION................................................................................23
A. AGFP Cannot Establish The Reasonableness Of Its ABX
Valuation .............................................................................................24
B. AGFP Cannot Establish The Reasonableness Of Its UK RMBS
And CLO Valuation ............................................................................28
CONCLUSION........................................................................................................30
There were 200 shares traded today of a different CT than the two yesterday. I’ve started watching and the trading definitely rotates around to different shares. I find this interesting due to some folks here saying it’s keeping the shares active. The trades are moved around to all four CT’s on a pretty consistent basis.
Finally found where these filings were!!!
Lehman Brothers International (Europe) (in Administration) v. AG Financial Products,
Inc., Appellate Case No. 2023-03409
2023-03409 - Appellate Division - 1st Dept
Short Caption: Lehman Brothers International (EUROPE) (in administration) v. AG Financial Products, Inc. Case Type: Civil Action - General
Oral is supposed to be heard in February 2024 as agreed upon in the STIPULATION filed to extend the date filed in Q3 2023. LBIE's lawyer Rossman petitions the court to deny the defendent's legal firm from a 1/4/24 filing to push to the April 2024 for the case to be heard.
Earlier today, Cleary Gottlieb Steen & Hamilton LLP, counsel for Respondent, submitted
a letter claiming to be unavailable for nearly every single argument date in the February term. See
Doc. 27. The Clerk should be aware that the parties in this matter jointly stipulated to have this
case argued in the February Term more than three months ago. See Doc. 24. It was not until last
night that counsel for Respondent contacted the undersigned to request an adjournment, not just
until March term but until April term. See Ex. 1. Counsel for Appellant respectfully submits that
the Clerk should not permit Respondent’s counsel to impose an adjournment out of the stipulated
February Term argument through an abuse of the courtesy that the Court extends to counsel to
identify dates that present true, unavoidable conflicts.
Sincerely,
/s/ Andrew J. Rossman
Andrew J. Rossman
The judgment should be reversed, and the Court should enter a judgment of
$485 million in favor of LBIE, plus interest. In the alternative, the Court should
13 Neither of AGFP’s other fact witnesses had any personal knowledge
either. A3023; A3843.
30
vacate the judgment and instruct Supreme Court to issue a decision that considers
market pricing and applies an objective standard of reasonableness.
Date: January 12, 2024
Respectfully submitted,
By: Andrew J. Rossman
2000 shares moved today.
The Expert Market should show "movement" at these micro prices. We are stranded at sea. But help is on the way. America was a sleeping giant. Now this giant cannot and will not sleep ever again, due to her pre 1776's DNA .
Dictionary Trade
Definitions from Oxford Languages · Learn more
trade
noun
1.
the action of buying and selling goods and services.
"a move to ban all trade in ivory"
Similar:
commerce
buying and selling
dealing
traffic
trafficking
business
marketing
merchandising
bargaining
dealings
transactions
negotiations
proceedings
2.
a skilled job, typically one requiring manual skills and special training.
"the fundamentals of the construction trade"
Similar:
craft
occupation
job
day job
career
profession
business
pursuit
living
livelihood
line
line of work
line of business
vocation
calling
walk of life
province
field
work
employment
métier
verb
1.
buy and sell goods and services.
"middlemen trading in luxury goods"
Similar:
deal
traffic
buy and sell
market
peddle
merchandise
barter
hawk
tout
flog
run
do business
operate
2.
exchange (something) for something else, typically as a commercial transaction.
"they trade mud-shark livers for fish oil"
Similar:
swap
exchange
switch
This is the message i sent.
Can i get the contact info of the CEO of this company?.How long will it take to reinstate 525ESC711 back into my account with correct quantity?.And also put the correct escrow cusip for the below security
NO NUMBER
LEH BROTHERS HL 5.67%XXXESC PEND POSS FUTR DISTREFF: 03/06/12
10,000
Please fix it ASAP or let me contact the CEO.Thank you.
Plus my shares are held by Merril..
Just a FWIW
JW did a nice job to. Tactfully. Not like me.
That is so strange. I still have my Js in Schwab. Not as much as Jersey but they are still there.
Good response to the agent. Nice work there JW.
I had my J escrows removed and then restored. Now they have been removed again.
Here are my messages w/ TD-Schwab:
Hello JW,
Thank you for your inquiry,
Our custodian received a communication from the company's agent telling our custodian to remove the shares. Once we receive a communication about the escrows value with the Chapter 11 still happening we can then restore your shares.
If you have any questions, please reply to this email or call the Reorganization Department at 888-723-8504, option 1. We are available Monday through Friday from 9 a.m. to 5:00 p.m. ET, excluding market holidays.
Sincerely,
Elisabet Tucker
Reorganization Department
TD Ameritrade
1-800-669-3900
TD Ameritrade Clearing, Inc., member FINRA/SIPC. Communications may be subject to review.
Original Message Follows:
------------------------
 Hello Elisabet,
The Chapter 11 reorganization for LBHI is still very much in progress. How can your custodian determine the escrows value with the Chapter 11 still progressing?
Please see the official Fed. USNY Chapter 11 reorg Case # 08-13555 Judge: Martin Glenn Jurisdiction: New York - Southern District
https://dm.epiq11.com/case/lbh/dockets
I have reached out to the estate attorney, but would like the position restored until the Chapter 11 has officially completed.
Sincerely
JW
jw... yes.My td account was moved to schwab.Schwab removed my LEHJQ's, i contacted them and they reinstated in few weeks.Now J's back in my account.Still working on D's though.
Hi JW...I just checked in my Merril account. The J shares are all there still. 150k of them.......
What is going on? We're yours swiped?
Lol
Jesus Wept, let us Eat: 🦞🦃🐓🐂🍉🍇🍓🌽🍞🍔🍰🍦🎂🥂🥛🥧🍨🌮🍍🍌🥤🍺 ,in New York and London.
Father Time will answer all secrets.
Father Time is the first to notice/see History.
Father Time accepts all History.
Father Time measures your true Nature.
Father Time never waits on anything.
Father Time will follow you forever.
Father Time will never let you forget.
Father Time will be their too.
Father Time will always let you speak for yourself.
Father Time never looks back.
Father Time remembers how you count.
Father Time never needs help.
What is the meaning behind Jesus wept?
Pope Leo the Great referred to this passage when he discussed the two natures of Jesus: "In His humanity Jesus wept for Lazarus; in His divinity he raised him from the dead." The sorrow, sympathy, and compassion Jesus felt for all mankind. The rage he felt against the tyranny of death over mankind.
Anyone had Pref J escrows removed again by their brokerage?
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Moderators stoxjock cottonisking real777mellon |
IPO - 1/7/2005 - 8.00 Million Shares @ $25.00/share.
Previous Ticker Symbol: LEH-N Changed: 9/17/08
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