Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

https://www.pwc.co.uk/business-recovery/administrations/lehman/lbie_26th_progress_report.pdf

Objective of the Administration
The Administrators consider that the objective of the
Administration is to rescue the Company as a going concern as
approved by the Chancellor of the High Court on 15 July 2020 in
the context of a directions application in relation to preferred
equity distributions.

https://saylordotorg.github.io/text_exploring-business-v2.0/s17-06-financing-the-going-concern.html

Financing the Going Concern

You have two options:

Equity financing: raising the needed capital through the sale of stock
Debt financing: raising the needed capital by selling bonds

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thank you S4 for this link!

https://www.pacermonitor.com/public/case/36994989/Lehman_Brothers_International_Europe_in_adminis_v_AG_Financial_Products,_Inc

Plaintiff
Lehman Brothers International (Europe) (in administration)
1345 Avenue of the Americas c/o Robert H. Trust Linklaters LLP
New York, NY 10105

https://www.linklaters.com/en-us/find-a-lawyer/robert-trust

Robert is a partner in Linklaters’ U.S. restructuring & insolvency practice. He regularly advises clients in connection with chapter 11 restructurings, out-of-court workouts, acquisitions of troubled companies and the structuring of corporate and credit transactions.

he seems to be a restructuring expert!


https://www.investopedia.com/terms/g/going_concern_value.asp

Example of Going-Concern Value
For example, suppose that the liquidation value of Widget Corp. is $10 million. This sum represents the current value of inventory, buildings, and other tangible assets that can be sold assuming that the company is completely liquidated. However, Widget Corp.'s going-concern value could very well be $60 million, as the company's reputation of being the world's leading widget producer and its ownership of patents and associated rights for widget production mean that the company should have a large and steady stream of future cash flows.