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that is in 2 weeks time. We are not going anywhere
Black Magic LOL
Let me make it simple for you. I have 100k LEHMQ and 100k CTs. How much would I get?
Ines, do you hear this???
Which one we are looking for?
You just realized ??? Better late than never
Outside the POR we are disputed claim. Inside POR we are approved claim.
Outside the balance sheet?
What is this sizable business that judge signed on please? When was it signed? Which document? I am not following you
Can there be distribution outside POR??
Don't think so. Claims are still being transferred why? To be paid. Those who are paying are not stu...
Is he single??
They work for the trust
In the effective date, my common stocks stopped trading and it was a complete surprise to me although I was following the BK day by day and I thought I understood everything about the plan. Blv me there will be another surprise
And that could be next Monday LOL
Wow the sky is the limit for these guys.
They are buying back claims against their affiliates. Now who will end up paying for these claims?? Is it the right hand paying the left hand? Or the other way around LOL and where are the COD experts to explain this further
One of the claims is for 300,000,000 USD.
Please buy back our CTs…..they are a claim LOL
Quote:
General estate assets are at least $15.2 billion less than the assets available as of the Filing Date, and, pending certain litigation outcomes, the loss may increase.
Assets available as of the filing date, that was my question. What was that number?
I know but the number for losses they provided (15 billion) must be based on a number for the assets they had at the time of the "overall" Lehman bankruptcy
Thank you but what I meant to ask was the number for LBI and not for LBHI. Do you know that number? Have the ever declared it?
Wow looks like our Mod is in good mood. Did not delete the post yet
The SUG SUB ??
So F1 and other stuff are not business ha?
Mmmm again. Last time 2good wrote about this was before 12/29/2014 ..how did u see it?? Just asken
i did. and i really understand your point.
just hope this will become true one day
That "Anyone" believes that this case should not extend for more than 3 years. that is where the "Golden" thing coming from
Happy will not be the word...
i will have to invent new word just for that occasion
2good will be very happy with this LOL
Lehman Judge Delays Decision On $64M FirstBank Claim
Law360, New York (December 02, 2014, 5:36 PM ET) -- The judge presiding over the liquidation of Lehman Brothers Holdings Inc.’s brokerage arm on Tuesday shelved a dispute over the validity of FirstBank Puerto Rico’s $63.5 million claim for collateral on a swap contract with another Lehman unit, citing the potential impact of a related pending appellate case.
U.S. Bankruptcy Judge Shelley Chapman elected not to rule on the Lehman Brothers Inc. trustee’s attempt to expunge the claim until a federal judge says whether FirstBank can recover the same collateral from Barclays PLC, which bought the...
There are still few months for the 3 years period. I blv there will be extension as they need it.
You know distribution in form of shares is still a distribution
what makes you sure there will be no 7th distribution??
The article was only 3 paragraphs
you pasted 2 out of 3. let me paste the 3rd paragraph
POR will expire this year???
So Cotton please mark which point you are pursuing
(a) Intervention of Right. On timely motion, the court must permit anyone to intervene who:
(1) is given an unconditional right to intervene by a federal statute; or
(2) claims an interest relating to the property or transaction that is the subject of the action, and is so situated that disposing of the action may as a practical matter impair or impede the movant's ability to protect its interest, unless existing parties adequately represent that interest.
(b) Permissive Intervention.
(1) In General. On timely motion, the court may permit anyone to intervene who:
(A) is given a conditional right to intervene by a federal statute; or
(B) has a claim or defense that shares with the main action a common question of law or fact.
(2) By a Government Officer or Agency. On timely motion, the court may permit a federal or state governmental officer or agency to intervene if a party's claim or defense is based on:
(A) a statute or executive order administered by the officer or agency; or
(B) any regulation, order, requirement, or agreement issued or made under the statute or executive order.
(3) Delay or Prejudice. In exercising its discretion, the court must consider whether the intervention will unduly delay or prejudice the adjudication of the original parties’ rights.
God Forbid
we don't want it to close. we will not get any final stock distribution if they close. The only distribution we will get is part of ownership of the new company (by we, i mean OBS)
LBS distribution is completely different than the distribution from LBHI Plan Trust that we are all hoping to happen one day in the future (i hope within the three extended years)