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Re: winner79 post# 40618

Thursday, 03/27/2014 1:42:27 PM

Thursday, March 27, 2014 1:42:27 PM

Post# of 111253
DEVELOPMENTS:

1. LBHI Chapter 11 Reorganization Plan was APPROVED and CONFIRMED by the Court under SECTION 1129 OF THE BANKRUPTCY CODE. It is a “CRUM DOWN” case. TRUE

2. “PRIORITY RULE” applies – Waterfalls from Class 1 to Class 12. TRUE

3. CLASS 10A, and 10B such as LEHKQ, LEHLQ, LEHNQ, and LHHMQ, will receive distribution after CLASS 3 to CLASS 9 are SATISFIED in full. TRUE

4 CLASS 3 needs additional distribution of about $470 million to be SATISFIED in full. FALSE

5. CLASS 7 needs additional distribution of about $73 million to be SATISFIED in full.FALSE

6. CLASS 4, 5, 6, 8, 9 were already SATISFIED in full.FALSE

7. The aggregate amount that will be distributed to holder of ALLOWED NON-PRIORITY UNSECURED CLAIMS as of the Fifth Distribution date is $17.9Billion. TRUE?

8. For LBHI to reallocate more than 14.9% of CLASS 10A, 10B, & 10C Allowed Claims will be a violation of the Third Amended Joint Chapter 11 Reorganization Plan and a gross violations of law. FALSE

9. For LBHI to pay CLASS 3, 4, 5, 6, 7, 8, and 9 more than the agreed amount/percentage of their Allowed Claims will be a violation of the Third Amended Joint Chapter 11 Reorganization Plan and a gross violations of law.FALSE

10. With $17.9Billion, HOLDERS of CLASS 10A, 10B, and 10C must receive distributions of their ALLOWED NON-PRIORITY UNSECURED CLAIMS or lawsuits will be filed against LBHI for violations of the Third Amended Joint Chapter 11 Reorganization Plan and the Bankruptcy Code. FALSE

11. Lawsuits against LBHI will be big time with PUNITIVE DAMAGES.FALSE

12. The Bank of New York Mellon should protect the Holders of Capital Trusts being the TRUSTEE. FALSE