Lehman Brothers Financial SA (LEHNQ)

[real777mellon]

It is actually for LBHI's 100% owned common stock of each Delaware Statutory Trust (Issuer of the PFD shares of the four tickers associated with LEHNQ being the board we discuss all four on).

And LBH PLC owes LBHI money. LBHI having money means it can pay thru the property trustee or directly to PFD shareholders what it owes in 1) cash distributions suspended since Q3 2008, statutory interest for late cash distributions quarterly since 2008, and even directly if the shares delist to pay at least $25 liquidation amt per share).

LBIE also matters here. It's run as a consolidated part of the LBHI balance sheet and all quarterly and yearly filings in the US to the SEC.

Thus the nature and structure of the organization matters. Posting about the PwC UK admin of LBH PLC and LBIE is most CERTAINLY 100% warranted and important.

Please don't argue these things unless you've read at least the 2011 Examiner Report on LBHI's accounting, business inter-company operations, and how consolidated LBIE broker-dealer and books are reported in LBHI's report in the US.

https://www.jenner.com/a/web/obFa233r8auoB6xdtZXE7C/4k1Wwn/VOLUME%203.pdf

Maybe if you read that, or you just understand LBH PLC paid Tier X partially to LBHI and Tier Y will also pay money to LBHI you would understand cotton's more aware of the progression of the CH 11 depending on the way the business is structured and how it's operations were performed.