Replies to post #45240 on Lehman Brothers Financial SA (LEHNQ)

[rlinterests]

But in respect to this on going debate about "
paid in full vs. satisfied in full."

In the best interests of Class 3, what definition applies?

[camaro4me]

I'm with you on that RL. Classes 3 and 7 stood firm.

[hestheman]

Yes, Rl you are correct. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95353124 Understand, the POR states that no creditor at any time, will receive more than the allowed amount of their claim. POR 6.5a states that classes 3 and 7 will continue to receive distributions as if they had not been satisfied in full. These are the only classes the POR states this about! Simple logic/comprehension tells us the other classes are only receiving their estimated/agreed upon percentages to be satisfied in full. The legalese can be confusing for some but this is not IMPOSSIBLE to understand really, either. Does this mean class 10B will not receive a distribution? Note: The provision for classes 3 and 7 to continue receiving distribution payments is that contributing classes (for which LBHI is listed) to the plan (allocation) begin to receive payments as well.....in proportion to, or to the extent of, its plan contribution. I believe with the next distribution, CTs will be seing green....IMHO.