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REMAINING ASSET TO BE RECOVERED FOR THE FINAL DISTRIBUTION.
Or remaining payments by the affiliates from the agreed amount of 13.253 B
NOTE: Recovery (if there is any) from “LBH PLC Subordinated IS NOT INCLUDED”
LB Finance….
LBH PLC Senior….
Thayer properties Ltd….
LB(PTG) Ltd…..
LB Limited…..
TOTAL EUROPE…… 210M
LB Commercial Corp. Asia Ltd….
LB Asia Pacific(PTE)…..
LB Investment PTE Ltd….
LB Australia….
TOTAL ASIA……………..5M
OVERALL TOTAL= 215 M (piece of a piece of apiece of a cake) or bread crumbs.
Realistically, every affiliate has their own different reasons to delay payments.
STOP BLAMING LAWYERS FOR THE DELAYS..
CORPORATE LAWYERS ARE NOT GETTING PAID BY THE HOUR. (They are corporate big shots… lol)
RE: It’s just the receivables from various affiliates in Asia and in Europe. 200M IS NOTHING
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IT IS NOT AN OPINION. It’s an estimate rather from the quarterly cash flow report.
RE: That not possible its impossible. 200 million..
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It’s just the receivables from various affiliates in Asia and in Europe. 200M IS NOTHING IN COMPARE TO BILLIONS RECOVERED MONEY IN FIFTEEN YEARS.
RE: anyone who might have some ….
Two hundred million increase in cash receipt in December or in January MOR.
That will tell us if the next distribution is final.
RE: Current Principal: $ ?1,763,000,000.00
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THIS IS A BIG LIE
THE NUMBER, 1.763B IN THE BALANCE SHEET REDUCED THE LIABILITY BY AN EQUAL AMOUNT.
It maybe a balancing between receivables and payables.
ITS JUST A NUMBER.
RE: We need to stop paying Lawyers by the hour....
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I DONT THINK CORPORATE LAWYERS ARE PAID BY THE HOUR.
RE: IT IS JUST A SECOND GRADE MATH.
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I thought before in the average that most or almost all can be logical and rational. But I’m seeing that so many are not. Even in the older ages that’s supposed to be well experienced with their lives. HONESTLY SPEAKING
RE: Because you are using comma
THE SECOND GRADE MATH DOESNT CHANGE IF DECIMAL POINT OR A COMMA IS USED.. STILL A SECOND GRADE MATH
RE; Here is the math:
128,460 - 1,763 = (126,697)
The 128,460 is liability
The 1,763 is the cash asset.
(126,697) is the remaining unpaid debt.
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IT IS JUST A SECOND GRADE MATH.
I JUST DONT UNDERSTAND WHY SOME PEOPLE CANNOT COMPREHEND IT!!
RE: Equity in Bankruptcy is wiped out before debt
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CONGRATULATIONS FOR THE FIRST TIME IN FIFTEEN YEARS!!!
“Only on that reference line btw”
But there is one thing to consider which is the NOL that cannot be wiped out.
Or in better words, Cannot be taken by the creditor.
RE: The “equity” of 1,763 is now gone to zero because it paid the equal (1,763) amount of “liability” that is now reduced to (126,697)
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“Liability” and stockholders “equity”
It’s the label of the 1,763 in the balance sheet. DID YOU SEE WHY???
Here is the math:
128,460 - 1,763 = (126,697)
The 128,460 is liability
The 1,763 is the cash asset.
(126,697) is the remaining unpaid debt.
The equity of 1,763 is now gone to zero because it paid the equal (1,763) amount of liability that is now reduced to (126,697)
NOTHING WILL GO TO CTs !!!
THERE IS A REMAINING DEBT OF (126,697,000,000) !!!
THATS WHAT THE BALANCE SHEET IS TELLING YOU!!
RE: IT IS BALANCED TO NOTHING!
COMPREHEND!!!
——//——-:/——
AND WHO ARE YOU TO DECIDE ITS FOR CTS????
RE: Total Liabilities and Stockholders' Equity $ 1,763 m = CTs' Successor Rights $1.763 Billion
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IT IS BALANCED TO NOTHING!
COMPREHEND!!!
RE: Cotton pointed out in the Filing.
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YES!! It’s Cotton indeed.
RE: Just $20 Billion cash reserve at one entity LBT,hmmm.
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Just one of affiliate/creditors.. 20B in reserve. WOW!
RE: Joe for allowing all of the illegal immigration.
—-//——
Waste of time.. Uncle Joe have the immunity
RE: the 'CTs Successors' Rights of 1.73B!
Here is the math:
128,460 - 1,763 = (126,697)
The 128,460 is liability
The 1,763 is the cash
(126,697) is the remaining unpaid debt.
The equity of 1,763 is now gone to zero because it paid the equal (1,763) amount of liability that is now reduced to (126,697)
NOTHING WILL GO TO CTs
RE: Total Liabilities and Stockholders' Equity $ 1,763
—-//——-:/—-
Liability is to pay 1,763
But the 1,763 is also called equity
In the “balance sheet”
The balance therefore is zero
RE: Those claims were clearly set up as a detrimental ploy in that BK to keep equity at a disadvantage.
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Aha! That’s a crime.. go to Fox News !
Or report it to a congressman. Or senate to investigate.
RE: these claims that may "disappear"
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Nothing in the book will just disappear. It is just the lack of understanding. Everything is accounted in the book of accounting. Or else, a very bad accounting. But those people aren’t dumb.
WAMU OR LBHI OR ANY COMPANY.
RE: …..with the money to decide to at least more recovery by capitalizing LBHI.
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REMEMBER that CREDITORS RECAPITALIZATION OF LBHI IS JUST AN ASSUMPTION. We are just hoping but we really don’t know their exact plan.
RE: IF it emerges as a going concern, is this debt expected to be able to be paid off?
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Yes and No. it can be compromised to stay as debt, as equity, as debt and equity, can be discharged, or partially discharged…etc. it depends on the negotiation between the creditor group and LBHI.
But expect the domination of the creditors because they (creditors) are the one to loose the 130B and with the money to decide to at least more recovery by capitalizing LBHI.
RE: It’s interesting that LBHI still indicates “stockholders equity”
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Yes indeed Jim. But realize that the equity is in a negative number. I just did not managed to put the parenthesis on it which is a normal practice in accounting to indicate a negative number.
You can look at cotton post on the bottom and you’ll see the number in parenthesis.
RE: DO YOU UNDERSTAND IT COTTON?
(In millions)
Total Liabilities ……..128,460.73
? Stockholders' Equity (126,696)
? Total Liabilities and Stockholders' Equity ……….$ 1,763
IT MEANS THERE IS UNPAID AMOUNT OF 126.696 BILLION
128,460 - 1,763 = 126,696
Numbers are in millions so six zeros are added = 126,696,000,000 - unpaid debt.
Btw, a billion is one thousand million (1,000,000 X 1,000 = 1,000,000,000) and there is 126.696 of it…. LMFAO 🤣
MONTHLY REPORT FOR MONTH ENDING 11/30/2023
Cash is about 123.2 million
Monthly report for December 2023 will come out in January 30-31.
If the cash amount becomes more than double of 123.2 million in december MOR, We can then predict the end of distributions.
RE: THIS WILL START OUR LUCK IN ALL OF OUR TRUPS”
—-//—-//——-
BUT WHO KNOWS…
…IF EVERYTHING IS ALREADY PLANNED OR NEGOTIATED EVEN BEFORE THE BK FILING??
ALL WE NEED IS;
To see LBHI as a going concern after the final distributions. Then we will be paid on all accumulated interest of about 15 years deferral. LBHI must pay it to completely get out of default in order to run as a going concern.
NO GOING CONCERN OBVIOUSLY NO LEHMAN TO PAY US.
A FRESH CAPITAL IS THEN NEEDED BECAUSE LBHI IS BROKE AFTER SATISFYING THE CREDITORS IN PAYMENTS WITH ALL OF THE REMAINING ASSET OF LBHI (SATISFIED IN FULL) WITH STILL 130B OF UNPAID DEBT REMAINING.
CREDITORS WILL NOT BE HAPPY TO COMPLETELY LOSE THE 130B IF LBHI WILL CEASE TO EXIST.
CREDITORS MUST RECAPITALIZE LBHI AND TAKE CONTROL OF THE COMPANY AS THE MAJORITY IF THEY WILL WANT TO RECOVER THE REMAINING DEBT OF 130B.
“THIS WILL START OUR LUCK IN ALL OF OUR TRUPS”
RE: LBHI and JPMCB are Co-Debtors (view LBHI's Guarantee claims # 66462):
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JPMCB IS NOT IN THE LIST OF LEHMAN BANKRUPTCY DEBTORS!!!!!
And even if in the list, a debtor cannot act independently in LBHI bankruptcy..
POR IS THE LAW AND THE PLAN ADMINISTRATOR OBVIOUSLY ADMINISTER POR ! THE BANKRUPTCY COURT WILL WATCH EVERY ACTION REGARDING LBHI!!!
COMMON SENSE.. no need to post those irrelevant articles.
RE: JPMC 'held back' $8.7B of LBHI money in 2008..
I’m aware of this but I honestly don’t know the detail of it.
RE: as collateral' for various LBHI securities for which it was the 'Guarantor'
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The word says “guarantor” and not as a trustee or as a trust.
I will not connect the two. First of all, do you know enough detail of it? If you know, please post it.
IN FACT, THERE IS NO OTHER GUARANTOR OF LEHMAN TRUPS OTHER THAN LEHMAN
AND!!
NO OTHER GUARANTOR OF JPM TRUPS OTHER THAN JPM ITSELF
RE: But JPM ix one of 3 trustees
I already said. A trustee is just a trustee.
LBHI pays or will pay trups through the trustee.. it is LBHI decision and money if LBHI decides to pay.. NOT THE TRUSTEE TO DECIDE.
RE: But the trups being redeemed by JPMORGAN is their own trups and NOT THE LEHMAN TRUPS!
INDEED, JPMORGAN AS THE TRUST CAN ONLY PAY LEHMAN TRUPS “IF” LBHI PAYS. BUT LBHI IS BROKE!! AND STILL OWES 130 BILLION DOLLARS FROM THE CREDITORS!
RE: LEHMAN BROTHERS HOLDINGS CAPITAL TRUST III ?Statutory Trust
JP MORGAN IS THE TRUST FOR LBHI TRUPS AND THEY ARE THE TRUSTED.. LOL!
But the trups being redeemed by JPMORGAN is their own trups and NOT THE LEHMAN TRUPS!
LEHMAN TRUPS IS LEHMAN TRUPS… JPMORGAN TRUPS IS JPMORGAN TRUPS!!
COTTON. JPMORGAN OWN TRUPS IS NOT LBHI TRUPS.
WHY DO YOU POST IT HERE?? THIS PLACE IS FOR LEHMAN TRUPS.
WHY NOT POST IT INTO JPMORGAN DISCUSSION BOARD?
RE: JPMorgan (JPM) to Redeem $1.5B Worth of TruPS - Analyst Blog
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COTTON. JPMORGAN OWN TRUPS IS NOT LBHI TRUPS.
Belief comes from the heart but the reality is visible with evidence. Who do you think is hallucinating?
RE: Jesus love you anyway"
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Who???
End is coming??? How many times did you hallucinated with it?
RE: MM is only a computer
Did I say MM is a person??
And who programmed the computer?
In what purpose is the program?
I’m comprehending that there is a senseless hate in every society.