Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Repost:


THE 21.4 BILLION CLAIM BY LEHMAN AGAINST LEHMAN

(My assumption)

They said it was a claim that was bought from a third party or third parties.

Its a big question therefore on why it was not disclosed as Lehman asset since that all asset must be declared according to Bankruptcy Law, and also, must be distributed as required in the POR. First of all, if Lehman purchased it, then where did Lehman took the money to pay it? Lehman cannot use it’s Available Cash to pay because all Available Cash must be disclosed and distributed to the creditors in the first place.

There is only one answer indeed and a very good thing to know in our part.

The only possible answer is that some of the creditors or claimants are willing to share their claims in exchange of shares. The 24.1B claim was paid by certain number of stocks of the future Lehman. We can assume therefore that the 24.1B claim is large enough for the third party to have just a little less than fifty percent ownership of the new company.








Replies:
TGF, as we exchanged before, there's value in
Docsavag on 1/8/2019 7:04:52 PM
I have said before that the creditors will
toogoodfella on 1/8/2019 9:13:34 PM
Very interesting post from you... though I believe
stoxjock on 1/8/2019 11:45:56 PM



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