Replies to post #76900 on Lehman Brothers Financial SA (LEHNQ)

[wayne49]

You cant file two claims. The 10b claim is the right claim to file because we are not dischargable and already in parity with the most senior preferreds. Filing under the guarantee would not bring us any closer than 10b because at most under the guarantee we are in parity with the most senior preferreds. Ps are equity no matter how senior they are.

10b is the right filing because filing under the guarantee is taking two routes to accomplish the same thing. In 10b we are on two routes with two potential outcome.

Note: there are guarantees that can be discharged. Those are the ones without a non dischargable clause.

Have a good evening or afternoon. V