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Re: xZx post# 7227

Wednesday, 02/10/2010 5:55:58 PM

Wednesday, February 10, 2010 5:55:58 PM

Post# of 17499
That is a possibility...however, based upon how fast a law firm in Atlanta was on the submission to the court for an EC back in Sept./Oct. of 2008 and the number of eyes on this subject...

I think you will see a fast response by law firms clammoring to get in and earn juicy fees to protect "the "Shareholders".

Remember, when the last EC was declared too early in the process, none of what we know now was available. I think there was barely $1.5B in cash at LBHI on hand...if that.

The Lehmans have gained a lot of momentum from A&M and the other Law Firms' efforts. The big money is waiting to make certain there will be assets to spread around and reduced claims against them.

Coach T

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