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Re: toogoodfella post# 110749

Monday, 04/22/2024 7:24:55 AM

Monday, April 22, 2024 7:24:55 AM

Post# of 111146
Here's one point to consider that you should not be claiming this.

LBH PLC is the one disbursing funds to ECAPS I, II, and III.

LBIE is just a broker dealer in the UK and a subsidiary of LBHI that like LBH PLC is under the administration appointed by the UK to PwC UK.

Since the book at the LBIE broker-dealer is consolidated in LBHI's reports as the global parent company - ECAPS are in Class 10A of the LBHI Plan Trust claims for the reason that LBIE's "book" (assets/liabilities) of both UK issued assets like the "ECAPS" LBH PLC issues, or even the Repo105 transferred LBI (US broker-dealer) assets to LBIE's books to then be sold to a counterparty as part of Repo105 transaction and Linkletters legal opinion that US assets (LBI or LBSF) had to be transferred to LBIE's book and the sale of the assets to a counterparty was on LBIE's book, then immediately the cash from the sale appeared in LBHI's master global balance sheet.

ECAPS are thus part of LBHI PT Class 10A claims and in each of the 28 distribution notices.

The securities for this board's discussion are Class 10B claims in LBHI PT distributions.

That's clear as day.

This is the end of the discussion.