Tuesday, August 04, 2020 6:11:42 AM
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"08-13555-scc Doc 60748 Filed 07/24/20 Entered 07/24/20 21:12:57 Main Document
Pg 14 of 60
The Plan Administrator submits that additional time is needed to
effectuate the ultimate liquidation of the remaining assets and, in turn, cancellation of the Plan
Trust Stock. Importantly, the relief requested herein does not preclude the termination of the
Plan Trust on other appropriate grounds set forth in the Plan Trust Agreement, such as upon the
Plan Administrator’s cancellation of the Plan Trust Stock and, if applicable, final distribution to
former stockholders. See Plan Trust Agreement at § 7.1(a).
27. No parties in interest will be prejudiced by approval"
Do not look for the power structure, in this bankruptcy, to give you one thin dime! Lehman Brothers was hijacked from day one to create this cash party!
Note: The ECAPS are our kin. The ECAPS have caught fire from LBHI as well! Just read the dockets to verify my points!
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Status Codes:
P = Pennies
D = Dollars
F = Fraud dollars+
" ver·i·fi·ca·tion
/?ver?f?'kaSH(?)n/
noun
the process of establishing the truth, accuracy, or validity of something."
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"Judicial economy refers to efficiency in the operation of the courts and the judicial system. It is the efficient management of litigation so as to minimize duplication of effort. ... For example, a court may consolidate two cases for trial to save the court and parties from having two trials"
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Continue, [Successors
Nomura Holdings
Barclays]
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"GUARANTEE AGREEMENT
Lehman Brothers Holdings Capital Trust III
Dated as of March 17, 2003
.
.
.
SECTION 9
MISCELLANEOUS
9.1. Successors and Assigns.
All guarantees and agreements contained in this Guarantee shall bind
the successors, assigns, receivers, trustees and representatives of
the Guarantor and shall inure to the benefit of the Holders of the
Securities then outstanding.
9.2. Amendments.
Except with respect to any changes that do not materially adversely
affect the rights of the Holders (in which case no consent of the
Holders will be required), this Guarantee may not be amended without
the prior approval of the Holders of not less than 662/3% of the
aggregate liquidation amount of the Securities. The provisions of
Section 11.2 of the Declaration with respect to meetings of, and
action by written consent of, the Holders of the Securities apply to
the giving of such approval."
https://www.sec.gov/Archives/edgar/data/806085/000104746903008869/a2105775zex-4_05.htm
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"
Lehman Brothers logo
Trade name
Lehman Brothers
Former type
Public
Traded as NYSE: LEH
ISIN US5249081002 Edit this on Wikidata
Industry Investment services
Fate Chapter 11 bankruptcy Liquidation
Predecessor H. Lehman and Bro.
Successors
Nomura Holdings
Barclays
Founded 1850; 170 years ago
Montgomery, Alabama, U.S.[1]
Founders Henry, Emanuel and Mayer Lehman
Defunct 2008; 12 years ago
Headquarters New York City, New York, United States
Area served
Worldwide
Key people
Robert Lehman
Pete Peterson
Richard Fuld
Products
Financial services
Investment banking
Investment management
Revenue 19,257,000,000 US dollar (2007) Edit this on Wikidata
Net income
4,000,000,000 United States dollar (2006) Edit this on Wikidata
Number of employees
26,200 (2008)
Subsidiaries Lehman Brothers Inc., Neuberger Berman Inc., Aurora Loan Services, LLC, SIB Mortgage Corporation, Lehman Brothers Bank, FSB, Eagle Energy Partners, and the Crossroads Group
Website www.lehman.com
https://en.wikipedia.org/wiki/Lehman_Brothers
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