With this information, I can imagine now that the stay is preventing the involuntary case against LEHMAN.
IMO, it will end into agreement rather than a cash acceleration if LBHI is planning to emerge into a new business in order to preserve its remaining asset. The negotiation will be to include the 10-B claim in the capitalization and be paid with a relevant amount of shares. The agreement will therefore based on the agreed price. In this case, I still expect a FV plus interest in relevant stocks. ALL IMO.
IMO, the information made me more optimistic with Cts because I think that it is JPM that is more in control of this case against LBHI. While LBHI is trying to avoid it by extending the stay until negotiation is complete.