Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

Bankruptcy third party consent non consent ruling!!!



https://www.skadden.com/insights/publications/2020/01/2020-insights/new-trends-emerge-for-consensual-third-party


Scroll to bottom of the page to see judge shelley chapmans views on third party releases!!!


CT's (10b) will fall under "impaired deem to reject" category

lets see how chapman and the rest of the southern district of new york feel!

Creditors Deemed To Consent to the Third party release

"Yes, if creditor failed to check the box to opt out of the release"

This means you will get a ballot asking you to OPT IN to the release or OPT OUT

Ballot may go to us then we send to BNY? not sure what that process will look like but we have rights to not get discharged without our consent!


CT's trustee BNY is considered a third party!!! equity is also considered a third party


Been holding this article for some days


Hope you all enjoy it! PEACE OUT stay safe stay blessed