Lehman Brothers Financial SA (LEHNQ)

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I like to read the objection. It shows weakness and fear. What is funny is how is filing the certificates harming the other creditors? The certificates are to show LBHI is in compliance or not with the Important Covenants of LBH AND THE TERMS OF THE SUBORDINATED GUARANTEE which includes the "parity" provisions. How does filing the certificates which is a piece of paper cause harm to the creditors?

The Plan Admin just admitted that they violated the subordinated guarantee. Only violating the subordinated guarantee will trigger enforcement which would then rightfully bring the terms of the subordinated guarantee to the forefront. Plus, LBHI through the Plan Admin knowingly violated the subordinated guatantee(s) for years. They willfully violated the guarantee. That is negligence to fraud on their end. They know it.

LBHI through the Plan Admin continue to violate the subordinated guarantee to this day. The KNOW. They intented to deceive. The PLAN ADMIN KNOWS! FRAUD!