Lehman Brothers Financial SA (LEHNQ)

[LexingtonVIII]

Satisfied in full means that there was at one point an agreement upon what would be the percentage of recovery for the creditors.

Paid in full means that their whole claim must be paid off.

There is a difference between both of these terms. Now, this being said, what was the original percentage that the creditors had agreed? If I recall it was lower than what they have now been distributed.

So, I can't figure out why the court just keeps on giving them a higher percentage than what the original POR was offering. Plus , why are the CT's interest payments being halted for more than the 20 quarters that were mentioned in the prospectus? Isn't this a breach of the covenant?