[1] Somebody (BNYM/ or ..), keeps track of the record date and the CT holder info on corresponding record date, for the past 6 years(since default). This will do natural justice for those who sold out in the interim.
[2] The Lehman entity/JPM agreement will pave the way for early NEWCO formation.
[3] The moment any old divvy plus interest is paid to an ordinary Joe type CT holder, the CT price will begin inching up to the par value.