LUK took OBS "illiquid assets that are not transferable" and the assumed executory contracts for a ride when it emerged from Chapter 11.
*** Old Posts
***
*** From Lehman Brothers U.K. Holdings (Delaware) Inc. Plan - Docket 43 - ***
"17-12442-scc Doc 43 Filed 01/12/18 Entered 01/12/18 15:11:21 Main Document
Interest means (a) any equity security (as defined in section 101(16) of the
Bankruptcy Code) of a Debtor, which equity security existed immediately before the Petition
Date, including all shares, common stock, preferred stock, and other instrument evidencing any
fixed or contingent ownership interest in any Debtor, whether or not transferable, including any
option, warrant, or other right, contractual or otherwise, to acquire any such interest in a Debtor
and (b) any Allowed Claim arising out of, relating to, or in connection with any of the foregoing
that is subject to section 510(b) of the Bankruptcy Code.
LBHI means Lehman Brothers Holdings Inc.
LPTSI means Lehman Pass-Through Securities Inc.
LUK means Lehman Brothers U.K. Holdings (Delaware) Inc.