Replies to post #104561 on Lehman Brothers Financial SA (LEHNQ)

[stoxjock]

Are you sure about that not being Valid if "under Chapter 11 protection"? I always surmised that that covenant didn't get triggered because LBHI was in fact paying our distributions, just to getting them 're-directed' to the higher creditor classes. Wasn't that the case? TIA, GLTU...