Replies to post #74943 on Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

cotton,

I'm referring to the UK ECAPS, one of which is the LP V.

Use this link: http://www.marketwired.com/press-release/lehman-brothers-uk-capital-funding-v-lp-notice-to-holders-of-preferred-securities-2223481.htm

There is another link in the June 23, 2017 Marketwired press release that will take you to the actual LP doc.

Use it here: http://www.rns-pdf.londonstockexchange.com/rns/9511I_1-2017-6-22.pdf

It does not enable copy and paste for me at least.

If you look at Section 5 you can see the joint liquidators (RSM) have been expecting funds from LBHI since May 2017 but "LBHI may make a claim to some or all of the funds." (5.5)

However, they've re-established the LP partnerships in the UK Register of Corporations and, of course, CT owners are concerned about the delays in bringing the CTs current while these LP subsidiaries are registering and expecting 100% payment.

Hope it helps. If I've misunderstood anything, please let me know.

mojo