Any posts are my opinion, and should not be relied on for your investment decisions.
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I second that, thanks 44 (wish we were back there). Best JW
Keep in mind this is between LBI (not LBHI) and Barclays. Judge Chapman is residing over the LBI proceedings as well.
Fingers crossed. Hope Judge Sullivan agrees Cotton. Thx.
No, different case and Judge. RE: CTs, the trustee's contractual duties have been raised to J. Sullivan.
Thx again Cotton.
Judge Sullivan summary judgement is pending since Dec 2014. Last update was...
"a fully briefed motion for summary judgment is pending, certification of the Bankruptcy Court's order as final is not warranted here. Accordingly, IT IS HEREBY ORDERED THAT Plaintiffs' motion is deemed made and DENIED. (Signed by Judge Richard J. Sullivan on 12/8/2014."
Camaro
Different case and judge. The is case between JPM and LBHI in front of Judge Sullivan. It will not be shown on the docket.
Lehman Brothers Holdings Inc. et al v. JPMorgan Chase Bank, N.A.
New York Southern District Court, Case No. 1:11-cv-06760
District Judge Richard J. Sullivan, presiding
LEHMQ has not been listed (tradable) since 3/2012. They are escrows since then, just like the pref J's
It just confirms OBS trust still intact and J should not have been removed.
All mine have been restored at Scottrade as well.
Volume on all 4 CTs today...
http://finance.yahoo.com/quotes/LEHKQ,LEHLQ,LEHNQ,LHHMQ
Cantor did make opening comments regarding people asking him about settling with Barclays. He said that it was LBI that has settled with Barclays, not LBHI.
Thanks Jim. Email sent
Anyone near the courthouse? Would be great if we got a readout from the presentation
“State of the Estate” presentation (the “Presentation”) on June 9, 2015 at 11:00 a.m. The Presentation will be held before the Honorable Shelley C. Chapman, United States Bankruptcy Court, Alexander Hamilton Custom House, One Bowling Green, New York, New York, Room 623.
Greek economy is roughly the size of Connecticut. Too much media attention.
http://en.wikipedia.org/wiki/Comparison_between_U.S._states_and_countries_by_GDP_(nominal)
Docket 49914 has NOTHING to do with CTs. Here are the list of claims in docket 49914...
EXHIBIT A
Claimant Claim No. Response
Dongbu Securities Co., Ltd. 14184 ECF No. 49298
Hana Bank as Trustee and My Asset
Investment Management Co., Ltd.
27288 ECF No. 49425
Kookmin Bank as Trustee and UBS
Hana Asset Management Co., Ltd.
27290 ECF No. 49427
Kookmin Bank as Trustee and UBS
Hana Asset Management Co., Ltd.
27291 ECF No. 49426
Kyobo Securities Co., Ltd. 25776 ECF No. 49298
Mirae Asset Securities Co., Ltd. 10870 n/a
Standard Chartered First Bank as
Trustee
27287 n/a
Woori 2 Star Derivatives Fund KH-3 8699 n/a
Woori 2 Star Derivatives Fund KW-8 8700 n/a
Ines, is your intent to mislead?
It is funny, painting the tape at or just below bid with 20 shares. For $2.118
See below...
Time and Sales for LEHMAN BRO HLDC/T 6.00% M (LHHMQ) Jun 03, 2015
Symbol:
Time Price Volume Market
11:05:37 0.1059 10 OTO
11:04:32 0.1059 10 OTO
The CTs trustee and trust (that is intact) matter a great deal IMO. Any Newco and our trustees will enforce CTs pref seniority status, if LBHI does not automatically.
IMHO
(Reuters) - Investment bank Stifel Financial Corp (SF.N) is in advanced negotiations to acquire Barclays Plc's (BARC.L) U.S wealth management unit, according to three people familiar with the situation.
A deal for the business - the former brokerage arm of Lehman Brothers - could come as early as next week, the people said.
http://finance.yahoo.com/news/exclusive-stifel-lead-buy-barclays-022618791.html
This has nothing to do with Capital Trust shares. The claims are valid and allowed in full...
http://dm.epiq11.com/LBH/Claim#Claim=67753%2B21805%2B22122%2B22123&ClaimAmount=200000000&ClaimAmountClass=Unsecured&ClaimAmountClassInequalities=%3E&Scope=0&ds=true&ex=false&maxPerPage=25&page=1
BNYM as trustee has also confirmed as well.
You should go away, no one is falling for your games.
End of day ask shows up again...
LEHNQ : LEHMAN BROTHERS FIN SA CAPITAL TRST VI
Last: 0.1023
Change: -0.0627 (-38.00%)
Bid/Size: 0.1002/5,000
Ask/Size: 2.25/100
Volume: 1000
The best place is directly with the OTC
http://www.otcmarkets.com/stock/LEHKQ/quote
http://www.otcmarkets.com/stock/LEHnQ/quote
http://www.otcmarkets.com/stock/LEHLQ/quote
http://www.otcmarkets.com/stock/LHHMQ/quote
All are "OTC Pink Limited Information"
OTC Pink Limited Information
Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to provide disclosure pursuant to OTC Pink Basic Disclosure Guidelines.
Scottrade is likely not current
Nice ask on the N's
LEHNQ : Grey Sheets LEHMAN BROTHERS FIN SA CAPITAL TRST VI
Last: 0.165
Change: -0.005 (-2.94%)
Bid/Size: 0.0101/10,000
Ask/Size: 2.25/100
Thx 44
I think an FDIC like insurance is a good idea to quickly restore private faith. If that is the path out of cship, the 10% divi is usury.
For the non-trolls here. You can follow the filings New York Southern District Court, Case No. 1:11-cv-06760
District Judge Richard J. Sullivan, presiding
http://www.plainsite.org/dockets/tyghh4iw/new-york-southern-district-court/lehman-brothers-holdings-inc-et-al-v-jpmorgan-chase-bank-na/
Yeah, I remember and I have scottrade as well. Wait mode back on.
19,000 CTs grabbed at .1404 - .15
Time and Sales for LEHMAN BROS HLDG C/T VI N (LEHNQ) May 19, 2015
Symbol:
Time Price Volume Market
13:03:51 0.15 5000 OTO
13:03:50 0.1404 4000 OTO
13:02:53 0.15 10000 OTO
Thanks for another useless post. Ignore feature applied to you.
Again, Lehman has made no announcement or tender offers.
Most here know what a tender offer is.
How does your document or any of your posts support that LBHI is doing a tender offer?
I do think CTs will recover and equity may see something as well. With additional cash coming to the estate, I do not think that CTs, pref and common will see anything until later this year or possibly in 2016.
What? There has been almost zero volume on the CTs for weeks now.
Today ~10,000 shares so far traded. Out of 48,000,000. That is nearly zero volume.
So you just took this and made all prefs $25? What ratio does common get?
-----------------------------------------------
Orig post
inesdefilia Wednesday, 05/13/15 11:17:26 AM
Re: None
Post # of 56237
OBS shares released for Distribution=
LEHMQ 694M
LEHCG 10M
LEHDQ 8M
LEHFQ 12M
LEHGQ 5M
LEHJQ 66M
LEHPQ 160M
LEHGP 80M =1.035B OBS shares released
I suggest everyone use the ignore function.
Yes, I read it that way as well.
Yeah we know about LAMCO LLC, it does not say anything about equity owning 300B of RMBS. LOL.