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Tuesday, October 26, 2021 8:48:51 PM
Cut and past one line from Lehman's plan that says anything about reorganization
sure
https://www.sec.gov/Archives/edgar/data/806085/000119312511239866/dex992.htm
"EX-99.2 3 dex992.htm DEBTORS' THIRD AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION"
Now what I do find odd is if you press "ctrl+f" if you are on windows or "command+f" if you are on mac, and you search the words "plan of reorganization" It will guide you to where it is stated on the top left of the screen. BUT if you type in "plan of liquidation" those 3 words do not appear in the page together anywhere. there was then the modification to the plan, which now reads
]PLEASE TAKE NOTICE that, on November 29, 2011, Lehman Brothers Holdings
Inc. and its affiliated debtors (the “Debtors”) filed the Modified Third Amended Joint Chapter 11
Plan of Lehman Brothers Holdings Inc. and Its Affiliated Debtors [ECF No. 22737] (the “Plan”).
not called a plan of liquidation or reorganization. just "the plan" which leads me to believe this situation here explains what will transpire:
BANKRUPTCY’S CORPORATE TAX LOOPHOLE
http://fordhamlawreview.org/wp-content/uploads/assets/pdfs/Vol_82/Dick_April.pdf
as you can see a reorganization and liquidation plan is just called "the plan"
as I have said in the past years this is a plan to liquidate and reorg.
do your own DD
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