Lehman Brothers Financial SA (LEHNQ)

[newflow]

The explanation was given in reference to $200mm limitation on certain JPM claims.
"Claim Nos. 66474, 66452, 66455,
66465, 66466, 66468, 66469, and 66473 will be assigned to certain of the Lehman
Parties on a final basis and reconciled in amounts not to exceed $200 million, as set
forth in the Instruction Letter."

This is not just for CTs.CTs need to be satisfied by Indenture Trustee who is holding Indentures against LBHI.LBHI has the obligation to satisfy the claims of BNY Mellon as Indenture Trustee.

JPM is no way related now as BNY is the indenture trustee.How did BNY end up as Indenture Trustee?.