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that's a long wait, maybe this time we'll hit the jackpot
it's moving so far
that was the last update so far http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41638435
MMTE looks good...
Lehman cash rose to $15.7B Sep 30...
Lehman Pays $417.4 Million to Bankruptcy Advisers (Update1)
http://www.bloomberg.com/apps/news?pid=20601087&sid=aaLQzde.i5ak
By Linda Sandler
Oct. 15 (Bloomberg) -- Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, paid its advisers $417.4 million for 12 months of work, according to a filing with the U.S. Securities and Exchange Commission.
Restructuring firm Alvarez & Marsal LLC, which provided Lehman with its current chief executive officer, Bryan Marsal, led the payments with $169.2 million in fees through Sept. 30. Weil Gotshal & Manges LLP of New York, the investment bank’s lead bankruptcy-law firm, was paid $98.5 million, Lehman said in yesterday’s filing.
Lehman’s payments to advisers, though trimmed by a fee examiner, haven’t faced major challenges like bankrupt automaker Chrysler LLC, which is using U.S. Treasury loans to wind itself down. Government lawyers yesterday objected to $5 million in fees charged by the old Chrysler’s lawyers including lead bankruptcy adviser Jones Day.
Cash on hand at Lehman and its affiliates rose to $15.7 billion by Sept. 30, from $14.7 billion at the start of the month and $2.5 billion when it filed for bankruptcy.
Lehman filed the biggest U.S. bankruptcy in September 2008 with assets of $639 billion. Creditors including UBS AG, the New York Giants and Abu Dhabi Investment Authority filed more than 16,000 claims against the collapsed bank before last month’s court-imposed deadline.
The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
To contact the reporter responsible for this story: Linda Sandler in New York at lsandler@bloomberg.net.
Last Updated: October 15, 2009 09:43 EDT
Lehman cash rose to $15.7B Sep 30...
Lehman Pays $417.4 Million to Bankruptcy Advisers (Update1)
http://www.bloomberg.com/apps/news?pid=20601087&sid=aaLQzde.i5ak
By Linda Sandler
Oct. 15 (Bloomberg) -- Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, paid its advisers $417.4 million for 12 months of work, according to a filing with the U.S. Securities and Exchange Commission.
Restructuring firm Alvarez & Marsal LLC, which provided Lehman with its current chief executive officer, Bryan Marsal, led the payments with $169.2 million in fees through Sept. 30. Weil Gotshal & Manges LLP of New York, the investment bank’s lead bankruptcy-law firm, was paid $98.5 million, Lehman said in yesterday’s filing.
Lehman’s payments to advisers, though trimmed by a fee examiner, haven’t faced major challenges like bankrupt automaker Chrysler LLC, which is using U.S. Treasury loans to wind itself down. Government lawyers yesterday objected to $5 million in fees charged by the old Chrysler’s lawyers including lead bankruptcy adviser Jones Day.
Cash on hand at Lehman and its affiliates rose to $15.7 billion by Sept. 30, from $14.7 billion at the start of the month and $2.5 billion when it filed for bankruptcy.
Lehman filed the biggest U.S. bankruptcy in September 2008 with assets of $639 billion. Creditors including UBS AG, the New York Giants and Abu Dhabi Investment Authority filed more than 16,000 claims against the collapsed bank before last month’s court-imposed deadline.
The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
To contact the reporter responsible for this story: Linda Sandler in New York at lsandler@bloomberg.net.
Last Updated: October 15, 2009 09:43 EDT
it's about time
IOVE retest of .01 soon
ICTY better than sliced bread =)
new intraday high coming? =)
yes, still have my shares
hopefully a merger
MMAM.OB higher highs higher lows
it's been two weeks--definitely getting closer
what's on level II? how many are left at 2?
BCND rising volume--hopefully buyout news is just around the corner
nothing but the updates are posted here http://www.abfsonline.com/
apparently not interesting enough to attract attention
highest volume in 7 months last friday
yes awesome run on HDMI, can't wait for AIMH's turn
it would be hard to get a hold of shares of this 2m o/s stock at this price level especially since it's a greysheet stock to begin with
I knew about GZFX but I remember staying away from it
ABFIQ .001 3.6m o/s with $100M settlement so far
3.6m o/s with $100M settlement so far
that's what I'm hoping for, it could be perfect for a shell with NOLs imho
OK we're ready
IOVE about to break a penny
Lehman Cap Trusts almost a dollar now LEHKQ LEHLQ LHHMQ LEHNQ
Lehman Cap Trusts almost a dollar now LEHKQ LEHLQ LHHMQ LEHNQ
great day so far mookie, I hope this breaks a penny soon
didn't bcndir mention that they have other income?
LOL lame excuse alright
no volume today so far?
PFEH A/S reduction from 3B to 750M just around the corner
MMAM.OB .0026x.0029 UP 36% 119m o/s
MMAM.OB .0026x.0029 UP 36% 119m o/s
is .05 a realistic target?
awesome KQ leading the pack
well just based on 2nd qtr EPS alone of .81