Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

jimmyt99 - It will be very interesting if the UK ECAPS receive the full money plus back interest. This is how they have been rolling in the UK lately!

Maybe it will be like a union labor contract. Management will receive almost the same benefit package that the union wins in a strike!

How will JPMCB and LBHI respond to their TRuPS in the US? Maybe they are waiting for the results on the sideline with us!

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zulual

"On 24 October 2017, the Court of Appeal handed down its judgment in respect of the appeals of various issues across Waterfall II Parts A & B, following the hearing of 3 – 12 April 2017 and the supplemental hearing on 25 July 2017. See the Administrators’ previous announcements in relation to the Waterfall II A and B appeals here and here. A copy of the Court of Appeal’s judgment is available here."



https://www.pwc.co.uk/services/business-recovery/administrations/lehman/waterfall-ii-application/update-waterfall-ii-application-parts-a---b-appeal-judgment-24-o.html