Replies to post #51025 on Lehman Brothers Financial SA (LEHNQ)

[camaro4me]

After reading Cotton's post for 3 times, I think that is exactly what is going on. JPM filing to settle dispute with Lehman and A&M filing for an extension. If an extension is granted, who's to say that A&M can't pay themselves and creditors all the remaining cash?

Cotton,
Are you thinking the CTs could force chap 7 after the stay is lifted? The trust is non-debtor and still intact