Replies to post #93334 on Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

I like to read the objection. It shows weakness and fear. What is funny is how is filing the certificates harming the other creditors? The certificates are to show LBHI is in compliance or not with the Important Covenants of LBH AND THE TERMS OF THE SUBORDINATED GUARANTEE which includes the "parity" provisions. How does filing the certificates which is a piece of paper cause harm to the creditors?

The Plan Admin just admitted that they violated the subordinated guarantee. Only violating the subordinated guarantee will trigger enforcement which would then rightfully bring the terms of the subordinated guarantee to the forefront. Plus, LBHI through the Plan Admin knowingly violated the subordinated guatantee(s) for years. They willfully violated the guarantee. That is negligence to fraud on their end. They know it.

LBHI through the Plan Admin continue to violate the subordinated guarantee to this day. The KNOW. They intented to deceive. The PLAN ADMIN KNOWS! FRAUD!

[cottonisking]

Lehman Brothers created Capital Trust Securities' contracts (prospectuses) for the average investors as an aid and risk analysis tool to purchase or sell their SEC/FINRA rated securities (even in bankruptcy/liquidation).

These contracts map out bankruptcy and liquidation procedures for Lehman Brother's CTs.

Were these securities contracts a public scam used to mislead investors in bankruptcy court?

we will have an answer soon from an Article III Judge!

If so, who will the SEC fine?

[highwaymap]

Does Judge Chapman want to follow the law or continue with the Plan Admin's narrative of harming creditors. The Plan Admin just admitted LBHI violated Bankruptcy Code 510(A) by violating the Subordinated Guarantee.

The Plan Admin have been doing this for years and knows he is violating Bankruptcy Code 510(A). The Plan Admin and LBHI should be held accountable for their actions and be PUNISHED on top of correcting they are continuing to perpetrate. Everything they do from 2019 when they officially have been put on record as knowing about the subordianted guarantees and bankruptcy code 510(A) is INTENTIONALLY deceiving for material gains hurting the CT holders and the integrity of the BK Court and Law.

The integrity of the entire bankruptcy is in jeopardy. They might as well scrap bankruptcy code 510(A) from BK Law if the the largest corporate BK in US history can violate it with no consequences.