Lehman Brothers Financial SA (LEHNQ)

[JOVI]

TOOGOOD,

1)The plan had estimated that
seven of the twenty-three Lehman entities would pay all of their claims in full and have
remaining funds for their shareholders,

lbhi is shareholder of all entities.
will this funds go to creditors of LBHI or to shareholders of LBHI?


2)
Thus, even after accounting for possibly reduced
recovery rates due to adverse credit and macroeconomic conditions, the recovery rate so far
for LBHI has been low compared to the historical average. With additional distributions yet
to come, the final recovery rate is expected to be higher, but it remains to be seen whether it
will meet historical norms.

http://www.newyorkfed.org/research/epr/2014/1403flem.pdf

----> not satisfied in full, there is avaible cash.