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I think he just referred to creditors in general.
It was a good learning experience, there's another one marked October 7th I'll attend.
basically yeah, the few that were helpful weren't involved with our side.
brokerage clients
I was told client claims come first, then junior debt....
Basically the docket# 46073 that was previously posted was the only thing relevant to us discussed/approved.
Lehman Brothers Special Financing Inc. and Lehman Brothers Commercial Corporation. had set money aside over the years for LBHI., that they are now able to use for LBHI (previously they weren't because of JPM).
Some money will be allowed to be invested.
Other than that some one was confused their LBI claim was under LBHI.
That would be me xD
On Reason 2,
The original text states
I think that does not pertain to us, the import part is the Record Date of Aug-23rd.
Does this imply an ex-Date of Aug-21? I think it does
If you bought on Aug-20 what happens?
If you bought on Aug-21 what happens?
If you bought on Aug-22 what happens?
If you bought on Aug-25 what happens?
I'm giving up my lunch break for the greater good!
Record Date Aug-23rd 2014
Notice of Sixth Distribution Date
PLEASE TAKE NOTICE that in accordance with sections 1.48 and 8.3 of the Modified Third Amended Joint Chapter 11 Plan of Lehman Brothers Holdings Inc. and its Affiliated Debtors (the "Plan"), the sixth Distribution Date shall be October 2, 2014 (the "Sixth Distribution Date").
PLEASE TAKE FURTHER NOTICE that pursuant to section 8.11 of the Plan, for purposes of the Sixth Distribution Date, the Debtors and the Plan Administrator will not recognize any transfer of Claims recorded on the claims register after August 23, 2014 (the "Record Date").
PLEASE TAKE FURTHER NOTICE that the Debtors may not make any Distribution to a holder of an Allowed Claim unless such Claim holder submits, on or before September 5, 2014, both the appropriate (i) Internal Revenue Service tax form ("Tax Form") and (ii) certification pertaining to Office of Foreign Assets Control compliance ("OFAC Certification"). For further information concerning the Tax Form and OFAC Certification, please review the below "Notice to Holders of Allowed Claims Regarding Plan" Distributions.
Source:
http://dm.epiq11.com/LBH/Project#
I am attending the hearing, I work nearby, Let me know of any questions you would like asked.
Speaking of Lehman
Hey do you have a link to this?
Thanks
Posted this on the other board,
for the ccypq notes if any one has any knowledge on them and can kindly update thanks
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105680573
Anybody know whats going on with these?
Why are they still trading?
Seems no legal action since 2011
https://www.wilmingtontrust.com/gmbondholders/notices.html
Filing a claim for CTs?
Long time holder here, jumping late into the band wagon, do I need to file a claim anywhere for the CTs? Thanks
Mods delete please