Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

>>>provided, however, that in the event that all Allowed Claims in LBHI Classes 1 through 11 have been satisfied in full in accordance with the Bankruptcy Code and the Plan, each holder of an Equity Interest in LBHI may receive its share of any remaining assets of LBHI <<<
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SATISFIED IN FULL FOLKS.. NOT PAID IN FULL.,

This is one reason why all “Available Cash” (see LBHI meaning of the term “Available Cash” in the POR) of LBHI is being liquidated and distributed.

Other main reason of “Satisfied in Full” is for the COD not considered as income to preserve the NOL.

We have discussed these many times.





















We’ve covered these in the past.