Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

LBHI the ones offering them stock?
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Better say, Why LBHI stock is being offered?

TECHNICALLY, Creditors are paid in full, so Ecaps must be paid in cash.. CORRECT?

BUT LBHI as the owner of LBIE is fighting against and wants to pay Ecaps with LBHI preferred (the J series)

LBHI LOST AND WILL APPEAL
I would say LBHI just trying to conserve capital they need for the going concern.

I don’t even think lBHI will win the appeal because it is LBIE SHOULD PAY and not LBHI