Did you write this post? Explain?
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indepth05 Free
While the wind-down of LBI , LBIE was a major milestone, applying timelines from different entities to the parent company is simply inaccurate.
In reality, LBHI is already in a very advanced stage of its wind-down. Most assets have been realized, and the majority of claims have been resolved. What remains are reserves and limited litigation matters that are more dependent on administrative decisions than structural barriers. Equating the legal existence of the estate with delayed creditor distributions is a fundamental misunderstanding.
This is not a never-ending story—it is a late-stage liquidation with room for acceleration. The end is not decades away; it is much closer, and potentially sooner than the market expects if key decisions—such as releasing reserves and resolving remaining claims—are made in a timely manner.
I’m still calling last distribution in Oct 2026, then closure before year end IMO.
Till then, keep smiling ;) "