Replies to post #85908 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

That sponsor as the new owner of the claims will receive payment from the liquidation of remaining assets.
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Simple as practical.. LBHI IS REDUCING ITS LIABILITY WITHOUT CANCELLATION OF DEBT.. it means no equivalent COD income. The selling will not happen without the creditors approval to sell in the first place.

[SwissCheeseAccount]

LBHI has no funds to buy the claims themselves.

they have 55 million.


try again