Replies to post #110748 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

LBIE ECAPS CASE IS IRRELEVANT TO THE FINAL DISTRIBUTION OF LBHI ASSET

[toogoodfella]

Correction:

OR else, December 6, 2025

[real777mellon]

You need to read the entire Repo 105 and accounting / business structure and consolidated nature of LBIE rolled into LBHI's reports etc etc.

This is not how it all works. Quite frankly you're just like any one else - Lehman Brothers is a tricky ass undwind to understand.

When it comes to our assets, all of the things cotton is reporting concerning PwC UK JA reports are most certainly tied to the CH 11 of LBHI and you could know that just from realizing LBHI is being paid out in the Tier X and Tier Y LBH PLC distributions.

What it is - is one big thing, eventually consolidated back to LBHI and there are quite possibly a Repo 105 or two tx that are "off the books" but will appear in sums of 50B or more $ in an Agency MBS or even a US Treasury bond(S).

Please just read the Examiner report I linked to. You don't understand the way LBHI did it's accounting and how it plays a role but how its UK Administration and LBIE v AGFP legal battle are also critical in the current LBHI frozen CH 11 state. Please just stop claiming cotton is wrong. Those PwC UK progress reports are immensely important for your Trust PFD Shares we all hold.

[toogoodfella]

THIS IS THE BOTTOMLINE
NO NEED TO MAKE ANY OTHER INTERPRETATIONS. IT IS STRAIGHT FORWARD.

Excerpt:

SECTION 7.1(a) OF THE PLAN TRUST AGREEMENT (THE “PLAN TRUST AMENDMENT”) TO PROVIDE THAT THE PLAN TRUST SHALL TERMINATE ON THE EARLIER OF: (I) THIRTY (30) DAYS AFTER THE FINAL DISTRIBUTION OF ALL OF THE STOCK DISTRIBUTIONS IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT, THE PLAN AND THE CONFIRMATION ORDER AND THE CANCELLATION OF THE PLAN TRUST STOCK AND (II) DECEMBER 6, 2025.

—-///—//——

“THIRTY DAYS AFTER THE FINAL DISTRIBUTION”

OR else, December 6, 2025