Thank you and the 4Ws for your help and information. You guys did your part. Our survival depends on Judge Abrams now where she will rule on two motions in which the Plan Admin did not respond. One with permission and the other without.

Yes, our Guarantees are gone unless Waske or Wu wins with their two remaining motions.

Where on earth can people buy shares? I heard Canada accounts are no longer an option.

Cottonisking, before you wager keep in mind that 40% of all his gains are accounted for to me if any of the lawsuits remaining payout of any kind. I will collect. That is 40% of 350,000 shares he claims to have.

MoneyRobot: Any comment on this?

https://www.khflaw.com/news/legal-intelligencer-the-dilemma-of-lengthy-motion-pending-delays-in-federal-courts/

Waske 60 days is coming up. Do you think there will be a ruling next week? If not, can you guys act on the link?

Our guarantee should still be good under SCOTUS. But, we need Abrams or Chapman to validate it. Lets hope Abrams will rule soon on the Waske and Wu motions.

The guarantee exists. Its just got disallowed and expunged by judge peck back in 2011 fraudulently.

I agree. Some people are not on the train. So be it. They are on their own and let them get their lawyers and file their own lawsuit. Lets wrap this up.

You will see money when you get the guarantee back. Without the guarantee, the CTs are done. That is the cold hard truth. Good luck.

I guess its back to NOL talk for you. I agree that we should cease to talk. Our paths are different. Good luck.

Good for you. I rather roll my dice with Waske and Wu than get discharged with you. You know our fates with the CTs are not tied together right? It can be but then again it may not be the case.

Cottonisking posted on this topic. And he is right. I DD what he said. I no longer have recourse and am tied to waske and wu. And so is he.

You on the other hand swiss can go file your own lawsuit like J. Chapman said. Lol. Good luck.

Focus son. I do not care about anything else but the CTs. You can play your petty word games but it all dont matter. I do not care about class 12. I do not even care about j shares because its irrelevent and just like ECAPs you took the J shares out of context.

If lbhi were able to issue new j shares to ecaps it will dilute the current j shares because the issued j shares will be new. Ecaps rejected it and chapman said lbhi cant do it anyways. Thats the end of it.

If we do not have the guarantee, we are done. We are looking at discharge and a total loss.

Bro, if you are trying to link the ECAPs to the CTs, you have to know why they sued to make that link. You dont even know why they sued and try to link the ecaps and CTs through parity. That is stupid and very wrong. You can only link them through parity if both have their guarantees. But they both lost their guarantees. So all your parity talk is a waste of time.

OUR GUARANTEE IS GONE! The faster you see that, the better for you.

Again, do you know why ECAPs sued LBHI? I bet you don't.

Its debunked if a new company dont include us. Its debunked for the NOLs because LBHI will find more value for them offsetting gains because they are expiring in 5 years.

Whatever the outcome is and no matter how positive it is, it is debunked if it do not include us as CT holders.

What do we care how good others have it or dont if we dont gain from it?

Bottomline is all our outcomes hinges on the Guarantee. Without it, we dont have anything and will get discharged.

Even J. Chapman eluded to this. If Waske and Wu dont win, we are done. The End.

Judge Chapman basically said CT holders do not have a case without the Guarantee provisions because the Guarantee no longer exist.

The two motions filed by Waske and Wu are in the process of trying to change that to give us our guarantee rights back. Good night.

Nol company is now debunked
Debt to equity is debunked
ECAPs with j shares is debunked too.

Whats next?

You did this debunking to yourself. I was going to leave it all alone.

I will tell you this, we got nothing without the Guarantee. I am hoping the SCOTUS ruling and the 4Ws can restore it. V.

That ECAPs Guarantees got expunged too.

I bet you dont even know what the ECAPs lawsuit against LBHI was about?

You can look at my previous post if you like to find out. Lol.

The wonderful reality is I will own 40% of your gains if the lawsuits makes money.

Again, you think all lawsuits are terminated in abrams court. Lol. That is funny. It shows how much you really know. Lol. Just like your NOL scenario, debt to equity, and now j shares?

You are such a joke that its not even funny. You do not even know what is going on or how the court system works and you try to post like you know it all. Not even close. Now that is funny

This is your topic and I am already schooling you on the j shares. If LBHI were to issue j shares to the ecaps, it would add new j shares thus diluting the j shares. Ecaps vehimently rejected the j shares. Then chapman said lbhi cant issue new j shares anyways.

Is this your new fantasy, j shares?

I second the Thank You, MoneyRobot. Good luck with the lawsuits, Joseph and Rex.

Come on Swisscheese, whats the ECAPs update? Tell us more about the NOLS and the 55 billion dollar new company in which we will get J shares just like ECAPS should have gotten. Btw, you just realized the ecaps prospectuses still exist. They always existed. Its just that their guarantees like ours are expunged. You didnt know that part did you until I told you.

Look Swiss, dont take out your frustrations on me. You can choose to believe in your 55 BILLION NOL pipe dream. Everyone who understands the basics of this BK knows you are dead wrong because LBHI stated specifically that they will take a discharge and use the NOLs to offset income. That is the best use of the NOLs given they only have 5 years left before they expire. Let me be frank, with NOLs with 5 years left and looming recession, the max value for the NOLs is to use to offset income. There you have it. I just laid out for you the NOL reality.

Now then pivot to your debt to equity fantasy. Wait, that also hinges on the expiring NOLs to anchor your 55 billion dollar new company and a hail mary prayer that LBHI dont take a discharge. Also, you just outright ignore the liability subject to compromise. Wait, lets all try to wish that away too and wish and talk like our guarantee still exist.

What else do you got swiss? Tell us all your other pipe dream fantasies.

I am just going to support the 4Ws and hope they win in court.
Why? Because they are all we got left and the 4Ws are what is left that keeps all of us from a 100% total loss and a trip down discharge lane and into the garbage can once the bk ends.

I will just give the floor back to you and toogood where you both can spill your misinformation and fantasies about a NOL company and nonsense debt to equity scenario.

Better yet, stick to ECAPS which holds inferior contract term which relies on the Guarantee anyways which is expunged. Oh wait, my mistake you think the guarantee still exist because you cant face reality. So, carry on. ECAPS! Whats new?

I want to get paid with the 4Ws. You folks can have the ecaps payout. Good luck.

More power to you. Good luck with your theory.

Feel free to email or call the 4Ws about the lawyer. You guys can rant all you want. I am just glad for the lawsuits. Otherwise, the CTs will get discharged and we get nothing.

You can go back and talk about your NOLs while not accounting for only a 5 year useful life left and debt to equity scenario not accounting for the liability subject to compromise and with only a 5 year NOL life which equates to 55 billion or some BS like that. Or wait, hope our Guarantee is not expunged. And praying that LBHI will not take a discharge.

Seriously, no need to get angry at me about the 4Ws. Call them if you like or just wait like the group below the joinders.

Not if they hid it very well.

Canadians are not allowed to trade CTs anymore? I thought they could. Was this recent?

F R A U D. FRAUD is an entirely new ballgame. The penalty for FRAUD is outreaching. Our Subordinated Guarantees were expunged fraudulently as per the Ws.

Did you read their motions? They laid out a very good case with Fraud and the SCOTUS executaory contract ruling.

The current Plan Admin don't even want to respond to the actions of the former Plan Admin. The guy is not going to put his career on the line to defend fraud. LBHI did not even respond to Waske's motion. And certainly Abrams will not grant a 2nd "do not have to respond" on a 2nd fraud charge. The allegations are real and serious. Abrams will now rule with a forfeited response by the Plan Admin on both motions.

Cottonisking said its been 2 months on Waske's Motion and 8 months on Wus. Its time they give Abrams a legal nudge as per the post cottonisking posted. I believe 60 days is coming up.

Where is the money going to come from? This is fraud so

1. Remaining LBHI assets
2. Clawbacks
3. Weil's fee or pocketbook
4. The former Plan Admin himself on his Estate
5. Other methods I missed.

What can happen to LBHI?

1. Void BK
2. Disallow discharge

The 4Ws proved the most difficult part in a fraud charge. That is intent. They are able to present evidence of intent. They got material misstatement. They got it all.

If the guarantee is reinstated, I would expect the same return as the highest paid senior preferred shares paid to the parity affiliate in accordance with the parity provision.

Or

The highest claim in accordance to the covenants

Or

In acordance with the terms of the Guarantee

This would mean the 4Ws won.

All I know is Neuberger Berman redeemed all their preferred stock after LBHI filed for BK protection.

If you research on sec.gov there are many affiliates who redeemed their preferred stock.

If the claim holders took that deal and walked away, that is your record. I am not sure how many people took that offer.

Also, the final paperwork for all the remaining claims is the discharge. I do not think claim holders have to sign or do anything extra. All that is income.

The claims can not be dropped. Any portion of any claim not paid is income for LBHI.

Bro, there is single company accounting which is all the entities. For LBHI, they are the parent/holdings company. LBHI also accounts for LBHI seperately and as the parent(combined) with all the subs. With that said, LBHI's true liability is as Holdings. Therefore, LBHI is responsible for the consolidated financial statements.

What you are just starting to think is the reality.

That will be income for LBHI. Then for sure they have to use the NOLs to offset that income.

How do you figure that the NOLs are worth 11 billion assuming there is 55 billion in NOLs. Keep in mind there is only about 5 years left in the useful life on the NOLs.

Also, what are they going to do with the 128 billion of liabilty subject to compromise?

Thanks

I agree. I think they have the micro/macro arguments on fraud and SCOTUS ruling going. Waske imo is more comprehensive.

I answered that question already. Please go back and read my last few posts to you. Bro, you make it sound like I expunge all these guarantees and hate me for it. I am not the enemy. I am telling the board what I found out.

We CT holders are screwed without the guarantee. We are F'ed to be blunt. Luckily we have the Ws who are trying to restore them.

Does LBHI currently have any ECAPs litigations in the UK? Or are the ECAPs settled and LBHI cuurrently have no more ECAPs litigation. Thanks

No I am not confused. The subordinated guarantees for the ECAPs are expunged. Just like the CTs. I believe they expunged all the ECAPs sub guarantees but am not 100% sure on the ALL part. I have to go back and read the motion and the Order to see if it covers all or some. There were also letters of objections too from ECAPs shareholders but, eventually their Guarantees got expunged. Its all on the dockets.

There is fraud and illegal activities all over the place regarding all the subordinated guarantees.

We might be talking about different ecaps as the ones I am talking about are with their guarantees expunged by lbhi as docketed on the bk court dockets.

Therefore, I will stop commenting on your ecaps from here.

I also rather not take the parity of what the ecaps get from LBHI. I think our CTs can do better. So, ECAPs is moot for me. Good luck with your theory.

There is also no proof what you say will happen ir if it can happen legally at all. I am not as familiar as I could be on the UK Litigation stuff. I did also see a few ECAPs' guarantees expunged but not sure if we are talking about the same ones. There are many ECAPs.

Good luck with your theory.