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Re: penny4dollars post# 32675

Monday, 09/09/2013 3:16:41 PM

Monday, September 09, 2013 3:16:41 PM

Post# of 111144
I'm mean they are in bankruptcy that hasn't been discharged yet.

Actually Lehman as it use to be known has been discharged. A discharge is a statutory injunction against the commencement or continuation of actions to collect or recover a debt. Factually Lehman has exited bankruptcy. No one can now place claims against the estate. All remaining assets have been transferred to a liquidating trust holding company. That is why I don't understand why some here think there may be a change in terms of the POR that may afford them some recovery over and above what the higher priority classes may receive. The CTs have no rights to assets/payouts that supersede those of higher priority. They have no right to sue for anything not included in the POR.