Lehman Brothers Financial SA (LEHNQ)

[littledevils90210]

Well Linda, Form my understanding of the BK code...1) you are selective reading the code....2)and post bk interest ends with a discharge that is if one is arguing the reorg route. POST BK Interest will be ongoing if there is a chp. 11 liquidation. In that case, the POR has to satisfied in full to rid the reallocation clause for CTs to see monies and once POR is satisified in full CTs are still entitled up to 85% of the RV in spite of da post bk interest. BTW, The POR points to a discharge.

But, whatever the case, My DD points that the CTs are already or will be reaffirmed which points to a reorg....That is IN SHORT, is where I different from your DD....go figure....devil

Source of my DD:

BK Code
Title 11 --chp 11 reorg/liquidation...chp 7
POR
MOR
IRS Tax Code ---chp. 11 liquidation
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