Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>>the claims are not cancelled but they are excluded from distribution <<

If that is the case then they are effectively cancelled if they don't have rights to distributions. They are claims in name only, and more than likely waiting till the end to be cancelled.

If the claims do not receive distributions then they are worthless. You say "equity/capital/stock". In what? The company is basically no longer and everything will be gone. equity/capital/stock in nothing, is still nothing.

Link please for the 8K. I read the motion?order for the voluntary final distribution. Found no such language.