CTs' Holders have been mad since December 6, 2011:
Playing Around with the Language:
A distribution in respect of the Company’s unsecured, non-preferential subordinated liabilities in accordance with the Framework Agreement recently entered into by, amongst others, the Company and LB GP No1 Limited (in liquidation), Lehman Brothers UK Capital Funding LP, Lehman Brothers UK Capital Funding II LP, Lehman Brothers UK Capital Funding III LP and LBHI as the holders of relevant subordinated liabilities or LBHI as the holders of LBH's Subdebt Claim(s).
Sir, are all the statements directly above, True or False?
Send the CTs' Holders some legal language that we can understand and some Cash that we can spend in our lifetime, ASAP!
Relax. LBHI simply cannot pay out guarantee or issue sub debentures and our stat interest because it is not allowed to operate in such a manner before ALL litigation tied to the CH 11 Plan Trust etc is conclused. That would include the appellate court case in NY's 2nd district vs. AGFP in Febuary 2024. When all litigation tied to this restructuring and plan trust is over - our guarantee and our suspended interest is again payable. That's as easy as I can put it.