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Thursday, August 08, 2013 6:07:09 PM
LAMCO was a description by Marsal of a post-BK Lehman legacy.
Most likely, the Creditors Committee voted it down because of the compensation to the Creditors but remain focused on paying off the POR.
The CTs may have nothing to do with LAMCO or a post-BK Lehman legacy if it emerges. And, the CTs may have nothing to do with the trust debentures originally securing the CTs.
You are a debtor. I would think you would want to know how you can generate the most recovery and contracts going forward with your claims in Lehman.
You do understand Lehman has filed BK for protection from Debtors like you and your Company?
I would think that you would want to secure the best for your claims with the best Creditors that have remained with Lehman that can keep together the best assets and best business and secure further debtor agreements going forward.
Good luck.
"We should measure welfare's success by how many leave welfare, not by how many are added." - Ronald Reagan
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