Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

I am intrigued by the waske case. I thought he had a stronger case than Wu. Do you guys think Waske will appeal? If so, one of us should inform them that Waske have to file the Appeal. I hope and think Wu should know that by now. Lol.

I brought up the covenant before during the waske motion proceedings. Did you guys read it? Why is there a need to stress that "they" are now aware of it. Were they not before?

I read the covenant and I believe it applies to us too and not just wu and waske. I do not think all the transactions that LBHI did during the bk is valid unless they address the CTs. And LBHI, cannot exit the BK or issue new shares of any new company to anyone without addressing the CTs.

I called and emailed Wu to ask what is his intention with the letter? I hope he responds.