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Re: wayne49 post# 79649

Saturday, 07/14/2018 10:18:36 PM

Saturday, July 14, 2018 10:18:36 PM

Post# of 110542
LBIE still has on going litigations, LBHI only has 1 that will be done this year. The experts said LBIE will last until 2020. I would guess that as well because of the ongoing litigations they have to solve. heres how i see it for LBHI. Credit suisse case gets settled. Bam. Now with the rest of the time with this year and next year will be too wrap up the LBHI debtors and too close. Looked into BKs and these only take time because of the constant court cases and re scheduling, hearings etc. They start too add up. The fact that people are trying too object and the judge is dismissing them is a good sign. I feel Everyone wants this too be over since everyone involved has milked the case dry at this point. Its done. You can tell by all the recent articles, how Deutsche bank is going crazy over debt, how people are trying to object, how LBI accelerated the process, this is about to be over. After the credit suisse case they will have no more litigations, only 1 thing left to do is wrap all this up.



I see this going into 2020 under 1 condition. After the credit suisse case, more assets are free'd up and we see another "lehman find X billions of dollars" article. And they then use this money too continue with the march and septemeber distributions until 2020. But heres the thing. Nov 2019 can be rounded too Early 2020.


2020 for LBI, and LBIE to be resolved (imo) 2019 for LBHI to be resolved (imo)


After this credit suisse case, what will be the news? Nothing but people trying to object or file a claim but its been 10 years. Judge knows they been had time to do that so they will just get dismissed on immediately. LBHI will have nothing left to do but to start wrapping everything up. LBHI Cant keep making distributions, We've seen the balance sheets (unless the 1 condition takes affect) they have enough for this year and 2019 march. On the dec 17 balance sheet they had 1.8 bil. They made the 15th distribution april 5 2018 for 2.6 bil. Dont know how but they did (they have money been saying this) and they will make another distribution ( i wish someone can explain) for another 2.6 bil in september 2018. Like i said i think they can say what they want on balance sheet. Dux link argus found a while back even stated that the balance sheets may not be accurate for LBHI (proof)

Don't know how they running around with no money on the balance sheet but paying 2 billion twice a year faithfully and how 639 bil in assets turned into 20 bil but hey.

If it looks like a duck, walks like a duck, and quacks like a duck, Its probably duck.