Lehman Brothers Financial SA (LEHNQ)

[yx88hc]

"You do know your scope is limited to executing the POR which is under the direction of the BK court."

Not really. See below:

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However, creditors and stockholders must approve the reorganization plan. The bankruptcy judge has the authority to accept the plan even if the creditors and stockholders reject it.

Once the reorganization is complete, the company can come out from under the protection of the bankruptcy court and resume normal operations.

A Chapter 11 filing assumes there is a possibility the company can emerge from the process as a viable operating company.
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http://stocks.about.com/od/understandingstocks/a/121308bank2.htm