Lehman Brothers Holdings Inc. (fka LEHMQ)

[coach tequila]

An EC request was put on the dockets back in the fall of 2008, but was rejected at that time because no one knew anything about assets and it was too early in the process.

It was ruled in the Fall of 2008, that the Unsecured Creditors Comittee was going to be trying to obtain the same information for the foreseeable future. The committee would be in place to protect the estate just as an EC would be without duplicate expense, until it was determined to be needed later in the process.

That time is coming rapidly upon us...didn't the Trustee for WAMU propose initially the EC just recantly?

Coach T