Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

If we were to look at the metrics, after a $81B cash payout, of how many holders with allowed claims from LBHI and LBSF and LBCC with corresponding Guarantee claims against LBHI, who have not received a distribution, the number or percentage would be extremely high.

Perhaps, a third party has noticed and pointed out this anomaly to the Debtors.

a·nom·a·ly/?'näm?le/
noun
something that deviates from what is standard, normal, or expected.
the angular

I think that the LBHI Plan Administrator is going to rectify this problem on October 2, 2014, regardless of the class that these allowed claims occupy.


***Docket 46073***

08-13555-scc Doc 46073 Filed 08/22/14 Entered 08/22/14 15:13:43 Main Document

The Investments Should be Authorized
15. The Investments are reasonable and appropriate in light of the unique
circumstances of these chapter 11 cases and the Plan Administrator’s primary objective of
increasing distributions to holders of Allowed Claims. The Court has broad discretion under
sections 105(a) and 1142(b) of the Bankruptcy Code to facilitate the administration and
implementation of the Plan and to issue any appropriate order in furtherance thereof. See 11
U.S.C. § 105(a) (“The court may issue any order, process or judgment that is necessary or
appropriate to carry out the provisions of this title.”); 11 U.S.C. § 1142(b) (“The court may direct
the debtor and any other necessary party…to perform any other act . . . that is necessary to the
consummation of the plan”). Pursuant to Section 14.1(e), the Court retained jurisdiction to
“issue such orders in aid of execution of the Plan to the extent authorized by Section 1142 of the
Bankruptcy Code.” Id. § 14.1(e).

***REGARDLESS OF THE CLASS PRESSURE***

Can you feel the pressure within this quote? Throwing us a bone is the only thing that applies this kind of pressure! WOW


The October 2, 2014 Debtors distribution will be unique from the previous five distributions:

"in our considered business judgment and after extensive consultation with our legal advisors" = Throw them a bone!

It could be a bone from a putty cat or an elephant or a 65 ton prehistoric dinosaur.

***Docket 46237***



Quote:
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The Investments will
simply accelerate the distribution of such amounts to creditors of LBHI, including creditors of
LBSF and LBCC that hold corresponding Guarantee Claims against LBHI, without prejudice to
any stakeholder.
12. I and my colleagues involved in the management of the Chapter 11 Estates have
concluded, in our considered business judgment and after extensive consultation with our legal
advisors, that the Investments are appropriate and will serve the best interests of creditors of
LBHI, LBSF and LBCC. The boards of directors of LBHI, LBSF (including its independentdirector) and LBCC have also thoroughly considered the circumstances and have approved the
Investments (including LBSF’s independent director).
I declare under penalty of perjury under the laws of the United States that the
foregoing is true and correct to the best of my knowledge.
Executed on this 4th day of September 2014.
/s/ William A. Olshan
William A. Olshan
08-13555-scc Doc 46237 Filed 09/04/14 Entered 09/04/14 22:17:29 Main Document
Pg 6 of 39
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