"If there is any surplus of money after that, it will have to go to 10a-equity. If it boils down to that I highly believe LBHI will form a new company."
Easy peasy Cheezy!
Ain't no ifs about it. That is the logical, LEGAL and right thing to do.
RE: t I highly believe LBHI will form a new company ——//———//————//———-
I will not let Lehman repurchase or redeem my Cts without interest payment.
Once they get out of POR, Leman will just continue to exist as an ongoing business with the existing obligation to pay interest. They cannot get away with it unless if they file a chapter seven to completely dissolve.