Lehman Brothers Financial SA (LEHNQ)

[newflow]

Slow down.Plan trust has one big share and it is the stockholder.
I was not talking about CT common or preferred shares.CT commons were issued to LBHI and CT preferreds to public.
From recent motion read this.

"It(PLAN TRUST) will receive and distribute any proceeds
with respect to the New Common Stock. It also preserves important tax attributes of the Chapter
11 Estates that ultimately benefit creditors, fulfills certain securities laws obligations, and
benefits former stockholders of LBHI. As such, the Plan Trust, and management thereof, is an
integral component of the Plan and the administration of the Chapter 11 Estates."

So Plan Trust receive any thing from any where?.IMHO, it receives the value for contributing assets to LAMCO.It could be new stock as suggested above and that could be distributed after all claims are done.CTs might get paid in cash or new stock or new CTs based on the agreements with indenture trustee.

All JMO.