Replies to post #102217 on Lehman Brothers Financial SA (LEHNQ)

[JERSEYHAWG]

The BIGGEST NEWS

will be hearing.

THIS IS OVER AND DONE

And that will be great. Imho

[s404n1tn0cc]

London is Falling.. There currency turning into Sheet and soon if they don't stop inflation It effects LBIE directly and therefor LBHI the Ultimate parent.
See here.

[cottonisking]

LBHI and the BNYM can avoid a breach of contract by starting the CTs' dividend payments before any equity payments (ECAPs and one common share):

WMD has all the legal details as part of LBHI Plan Administrator's legal team.

Breach of contract for improper dividends and distributions

the liquidation distribution in cash. Upon any voluntary or involuntary liquidation or bankruptcy of Holdings, the property trustee, as holder of the subordinated debentures, would be a subordinated creditor of Holdings, subordinated in right of payment to all senior debt as set forth in the subordinated indenture, but entitled to receive payment in full of principal and interest before any stockholders of Holdings receive payments or distributions.

https://www.sec.gov/Archives/edgar/data/806085/000104746905000357/a2149684z424b2.htm