Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

WATCH YOUR EQUITY SHARES IF WILL GO OUT OF ESCROW !

TODAY IS THE 2ND AND TOMORROW IS THE THIRD OF OCTOBER, JUST ONE DAY “PRIOR” TO THE EFFECTIVE DATE OF THE PLAN ADMINISTRATOR’S ABANDONMENT OF THE DEBTOR RECORD OCTOBER 4, OR THE BEGINNING OF THE DESTRUCTION OF THE DEBTORS RECORD.

According to the plan,
In the event that all Allowed Claims in LBHI Classes 1 through 11 have been satisfied in full in accordance with the Bankruptcy Code and the Plan, the Plan Trust may receive Stock Distributions which will then be distributable among the Beneficiaries consistent with each Beneficiary’s rights of payment as holders of LBHI Stock existing immediately “prior” to the commencement date.