Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

What's there to fight?

Either the Debtors stand to gain more in the restructuring and post-BK entity or they won't.

Bringing the CTs current is less expensive than calling them and provide greater "currency" than a CT default.

The other preferreds can get restructured in a new IPO and I've posted on this.

The common can have a low valuation, too, but likely will receive nothing.

So, the numbers can work.

But, the POR has to be paid and the attorneys and courts need to publish announcements of their intentions and plans.