Lehman Brothers Financial SA (LEHNQ)

[winner79]

LBHI has thousands of liabilities all over the world. Barclay in Court was referring to the assets that they purchased that includes liabilities during the early days of the bankruptcy.

Obviously the CT's are not among the liabilities of Barclay mainly because the CT's were approved and confirmed by the Court to be CLASS 10B of LBHI ALLOWED CLAIMS.

It should be noted that it took so much hours of deliberations and research before the parties in bankruptcy determined and agreed that Capital Trusts is a liability - ALLOWED CLAIMS of LBHI.