Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

My questions really relate to 👉finality .👈

108:6 119:24
finality (7) 4:4 7:25 16:6👈
18:11 38:16 39:5 40:16
finally (2) 78:24 128:3
find (9) 22:3 59:5 61:15,16

MR JUSTICE HILDYARD: Well, thank you for making it
2 available . I don’t either approve or disprove it ,
3 I simply note this is the basis on which you have
4 proceeded. My questions really relate to 👉finality .👈
5 MR BELTRAMI: Yes.
6 MR JUSTICE HILDYARD: And in that context, I noticed two
7 things which you may assist me on. The first is that DB
8 is described as an informal representative of other
9 persons interested in the same way, and I take it that
10 there is no issue in that regard, and I can take it that
11 the issue which will have been argued by DB one way or
12 the other will be, in effect , concluded. There might
13 not be a strict issue estoppel but it is very late , you
14 haven’t advertised the fact of this congregation, it
15 should be sufficient . Is there anything I need to be
16 wary of in that respect?
17 MR BELTRAMI: I don’t believe there is. Your Lordship is
18 right that DB’s position has always been not a formal
19 representative of the ECAPS holders.
20 MR JUSTICE HILDYARD: Yes.
21 MR BELTRAMI: And it has been argued on that basis
22 throughout.
23 MR JUSTICE HILDYARD: Yes.
24 MR BELTRAMI: My understanding is ther

Re Lehman Brothers Holdings PLC (In Administration)
Day 2
October 10, 2023
Opus 2 - Official Court Reporters
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Website: https://www.opus2.com