Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Re: That's my take on the situation.
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Exactly.. but of course it is different scenario for LBHI.
In this case, it will be the same remaining asset that will be liquidated. It will be just a continuance of the Plan Trust’s obligations.
The point I’m getting is that the Plan trust will be dissolved although the same staff that just change their hat (legal entity) to continue.

I already mentioned, “plan trust” will be dissolved and the “liquidating trust” will continue to recover and distribute the remaining asset. But they are the same people.

This technique (if approved by court) means POR is closed because satisfied in full is reached for the reason of the word “speculative” in recovery is used. The court will approve it if there is no certainty of recovery.