Replies to post #49506 on Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

Class 6a was only $54 mil. in allowed claims.

[daisyxu]

So are you still qualified to receive any additional recoveries

Above and beyond what you settled for?

That is, did these senior unsecured claims agree to 26% recovery "now" with the understanding that if incremental recoveries were somehow generated (by whatever means) in the future, they would be further distributed to push recovery percentages above 26%?

[marina123]

Joe:

"Senior unsecured noteholders that opted for the convenience claim were put in class 6a. We accepted 26% on the dollar to settle our claims early."

What type of Guarantee Clause, the Class 3 and Class 6 have? How do they compare with the Guarantee the CTs have?



GLTA