Replies to post #100067 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

RE: will discharge the plan trust.
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What they’re doing now is getting the position of a “liquidating trust” in order to continue on the remaining asset before the discharge of the plan trust.

[SwissCheeseAccount]

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True they cannot issue preferred under the plan but what’s the problem if the plan is already closed?

Ding ding