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Re: cottonisking post# 73887

Saturday, 08/05/2017 6:02:55 PM

Saturday, August 05, 2017 6:02:55 PM

Post# of 116190
LB GP No.1 Ltd. may need a company director! Which case or Lehman affiliate is Law360 referring too below?

The London courts added LB GP No.1 Ltd. to the Register of Companies effective February 3, 2017. Just after the February 1, 2017 LBHI and JPMCB Settlement Agreement.

"3.17 The Company's directors and the Company's secretary all resigned prior to the Company being struck off the Register of Companies."

http://www.rns-pdf.londonstockexchange.com/rns/9507I_1-2017-6-22.pdf


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"Court OKs Move By Lehman Brothers Unit To Dodge Tax
By Alex Davis
Law360, London (August 4, 2017, 5:41 PM BST) -- London’s High Court has agreed to let the administrators for a unit of defunct investment bank Lehman Brothers appoint a company director in order to distribute assets to a separate Lehman unit, a move that will allow it to avoid capital gains tax and speed up the prospect of settling a suit over related assets.

Judge Robert Hildyard, who agreed to the request at the end of July before publishing his detailed reasons for the decision on Thursday, said the proposal was “legally permissible as well... "

https://www.law360.com/articles/951336/court-oks-move-by-lehman-brothers-unit-to-dodge-tax#

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SOURCE: Lehman Brothers UK Capital Funding IV LP
June 23, 2017 07:00 ET

Lehman Brothers UK Capital Funding LP: Notice to Holders of Preferred Securities
LONDON, UNITED KINGDOM--(Marketwired - Jun 23, 2017) - Lehman Brothers UK Capital Funding LP (LSE: 41YF)
LSE : 41YF
NOTICE TO THE HOLDERS OF:
EUR 200,000,000 EURO FIXED RATE ENHANCED CAPITAL ADVANTAGED PREFERRED SECURITIES ("LP IV ECAPS")
ISSUER: LEHMAN BROTHERS UK CAPITAL FUNDING IV LP ("LP IV")
ISIN: XS0282978666
LIQUIDATION OF LB GP NO.1 LTD ("the Company") AND IMPLICATIONS FOR HOLDERS OF LP IV ECAPS
THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE SUBJECT SECURITIES. IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO EXPEDITE THE RE-TRANSMITTAL TO BENEFICIAL OWNERS OF THE SECURITIES IN A TIMELY MANNER.
Your attention is drawn to the formal notice contained in the PDF link below concerning the Company, LP IV and the LP IV ECAPS. In order to view the formal notice, it is recommended that you copy and paste the link into your browser.
http://www.rns-pdf.londonstockexchange.com/rns/9507I_1-2017-6-22.pdf
If you have any difficulties in opening the link, please contact Samantha Hawkins at RSM Restructuring Advisory LLP by e-mail: Samantha.Hawkins@rsmuk.com.
Dated: 23 June 2017
This notice is given by
Bruce Alexander Mackay
RSM Restructuring Advisory LLP
as Joint Liquidator of LB GP No.1 Ltd
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y