Lehman Brothers Financial SA (LEHNQ)

[jwnoble3]

Sorry, not following your point(s)


The Trustee signed off on the sale...

The Trustee agreed to the sale of Lehman Brothers Inc.'s brokerage business to Barclays on the understanding that it was consistent with the deal that was presented to the Court and faithful to the fundamental principle of protecting customers and ensuring sufficient assets to satisfy customer claims. The disputed assets are needed to satisfy the claims of customers the Trustee was appointed to protect, and, in the case of certain assets, a transfer to Barclays would cause a violation of the Securities Investor Protection Act and the Securities and Exchange Commission's Customer Protection Rule.


http://www.prnewswire.com/news-releases/statement-from-the-office-of-james-w-giddens-trustee-for-the-liquidation-of-lehman-brothers-inc-under-the-securities-investor-protection-act-trustees-complaint-against-barclays-and-barclays-opposition-memorandum-88448692.html