Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

means the agreed upon/estimated percentage of claim per the POR.
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This is the problem. He concluded (because not in the POR) that the estimated distributable asset of 65B is the agreed amount for the creditors to be satisfied in full. While, He did not payl
O attention on how the asset shall be distributed according to the POR.

The obvious point to see here is that the 65B is presented as distributable asset while on the other hand, the "available cash" is presented as all asset.