Replies to post #83582 on Lehman Brothers Financial SA (LEHNQ)

[jwnoble3]

Soon no more cash will be available for distro and LBHI will likely have some run-off biz and possible residuals that will be too small for distributions. It will be enough to float new debt and support payments IMO.

Here's and example of financing that happened with WMIH (newco had ~$8B in NOLs).

https://seekingalpha.com/article/1899381-dissecting-the-washington-mutual-kkr-deal