Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>> Quote:The discharge received by a nonindividual debtor in a Chapter 11 case depends on whether the plan confirmed is a plan of reorganization or a plan of liquidation. The discharge received in the confirmation of a plan of reorganization discharges a nonindividual debtor from all scheduled pre-confirmation debts without exception. However, if the plan confirmed is a plan of liquidation and if the debtor does not engage in business after consummation of the plan, a nonindividual debtor does not receive a discharge.<<<


Here again you do not understand what this actually says.
And sorry, I don't have time to educate you.
Read 16.
You tend to read things for what you want it to say, and not what it actually is there.