Just like WMI, Lehman’s is awaiting the FDIC LIBOR Litigation to finalize to release the Safe Harbor Assets/Trusts?
The FDIC LIBOR Litigation resolution is due. Time extension should be exhausted by now.
Then IMO the other judge can rule in November. The CT’s will pay for themselves from Safe Harbor Assets. LEHPQ will be treated the same as WMIPQ and receive past performance payments.