Replies to post #84451 on Lehman Brothers Financial SA (LEHNQ)

[stoxjock]

Cotton, Thanks very much for that Detailed explanation. Especially, the following sentence of yours stood out:

"The ECAPS' and CTs' rights were concealed throughtout the confirmation process to get a plan passed by Judge Peck. ".

Given that the above fact definitely occurred, doesn't that concealment amount to a "Fraudulent Conveyance of BK Assets"? Can you Appeal any Ruling that was delivered yesterday? Can I or any CT Holder Appeal yesterday's Ruling even though we were not involved in the MOtion, as we are still CT Holders OR do we not have any 'Standing' to Appeal as we did not join/file the Motion along with you or Mr Rex Wu?

TIA for your esteemed Advice & GLTU & GLTA!

[toogoodfella]

Just try to understand what you bought so you won’t get into all of these Cotton. It’s been ten years in fact.

[JERSEYHAWG]

Rick, thank you. Very nice and informative reply.

I agree with pressure on the judge. For a fleeting moment I thought differant

Cant get over that lawyer called Rex with that comment.


Thanks again, you both fought the good fight. The deck was stacked.

[zulual]

Thanks again.

[Joe Stocks]

Reading through the lines I make the assumption the motion was denied? Can we just say that? That the judge ruled and reinforced what the prospectus states all along that the Cts are junior subordinated debt, and the guarantee is exactly as stated with its limitations. And the plan calls for ALL senior debt to be addressed first as to distribution. You can't just jump to the front of the line!

Obviously this should END all the discussion about the how guarantee will lead to a recovery.

Read the prospectus folks! No one, no lawyers, nobody, is trying to screw you. You screwed yourself by not understanding what you invested in.

[cottonisking]

I spoke in court yesterday. After, I made the point about the [CTs is parity with the ECAPS] in court. Judge Chapman allowed the Plan Administrator to respond. The Plan Administrator said, "I needed to have relied on the June 9, 2005 Board of Directors' General Guarantee parity with ECAPS' clause in the prospectus when I purchased my CTs."

Docket 58763 filed on August 27, 2018, by the Plan Administrator, with the data collected and compiled by the ECAPS' RSM Restructuring Advisory LLP team made me aware of the parity with ECAPS. More than eight years after the ECAPS' five partnerships' General Partner was terminated in June of 2010. This one docket has a copy of all the contracts. I have purchased more CTs since August 27, 2018.


So, the question becomes, did any holder, out of 48,000,000 shares outstanding rely on the June 9, 2005 Board of Directors' General Guarantee parity with ECAPS' clause in the prospectus when they purchased their CTs?

Major factor: For the first time, the Debtors have this information on the hearing transcript for the world to read! WE MADE OUR POINT!

These are forward looking statements. I am not looking back! LOL