Replies to post #86383 on Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

*** Excerpt from our June 19, 2019 hearing ***

"25 THE COURT: Okay. Go ahead, Mr. Gregory. The SEC

1 has ruled whereby if you purchase these securities, you own
2 them as though you own them from day one, and you have
3 standing. Well, it should be considered fraud for these
4 securities to still trade if the prospectus cannot be
5 honored --
6 THE COURT: Well, Mr. Gregory --
7 MR. GREGORY: -- according to the parity rules --
8 THE COURT: I'm not going to --
9 MR. GREGORY: Go ahead.
10 THE COURT: Mr. Gregory, I'm going to engage you
11 in a detailed discussion of what the SEC has or has not
12 said. I will tell you that as far as I'm aware people trade
13 in all sorts of securities that range from worthless to
14 entirely worthless to worth a few pennies to let's see who
15 you sell it to for another penny.
16 This is a bankruptcy case that was conducted
17 pursuant to the rules of this Court, Federal Rules of Civil
18 Procedure as adopted and incorporated into the bankruptcy
19 rules according to the Bankruptcy Code under the glare and
20 spotlight for years and years and years.
21 It resulted in a plan of reorganization. The plan
22 of reorganization contemplated a bar date and an orderly
23 process for the consideration of claims. That's what has
24 occurred here.
25 In fact, this case is coming to its conclusion."

*****

The show is not over until the boss says so...
Thank you very much boss.

[s404n1tn0cc]

Very interesting

"ORDER GRANTING MOTION OF LEHMAN BROTHERS HOLDINGS INC. AND
OFFICIAL COMMITTEE OF UNSECURED CREDITORS, PURSUANT TO FED. R.
BANKR. P. 9019 AND 11 U.S.C. § 105(A), FOR ENTRY OF ORDER APPROVING
SETTLEMENT WITH JPMORGAN CHASE BANK, N.A. AND CERTAIN OF ITS
AFFILIATES
Upon the motion, dated February 1, 2017 (the “Motion”),1 of Lehman Brothers
Holdings Inc. (“LBHI” and the “Plan Administrator”), as Plan Administrator under the Modified
Third Amended Joint Chapter 11 Plan of Lehman Brothers Holdings Inc. and Its Affiliated
Debtors [ECF No. 23023-1], on behalf of itself, Lehman Brothers Special Financing Inc.
(“LBSF”), Lehman Brothers Derivative Products Inc. (“LBDP”), Lehman Brothers Commercial
Paper Inc. (“LCPI”), Lehman Brothers OTC Derivatives Inc. (“LBOD”), Lehman Brothers
Financial Products Inc. (“LBFP”), and Lehman Brothers Commodity Services Inc. (“LBCS,”
and, with LBHI, LBSF, LBDP, LCPI, LBOD, and LBFP, the “Lehman Parties”), together with
the Official Committee of Unsecured Creditors, through its Litigation Subcommittee (the
“Committee” and, together with LBHI, the “Movants”),

The paragraph implies that everyone listed is and are Active and a "Going Concern"
ORDERED that the Motion is granted; and it is further
08-13555-scc Doc 54788 Filed 02/16/17 Entered 02/16/17 10:09:43 Main Document

Tea leaves and Tea.. Who knows.