Replies to post #110796 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Excerpt:
In the event that all Allowed Claims in LBHI Classes 1 through 11 have been satisfied in full in accordance with the Bankruptcy Code and the Plan,

——//——-

IT IS SO CLEAR THAT THE GOAL IS TO SATISFY IN FULL TO COMPLETE.

AND NOT TO WAIT FOR EUROPEAN PROBLEMS TO SOLVE.

OPERATING REPORT EXPLAINED, THERE WILL BE A SUBSET OF THE COMPANY TO REMAIN TO MANAGE THE UNFINISHED BUSINESS IN EUROPE.

[toogoodfella]

RE: .. consistent with each Beneficiary’s rights of payment as holders of LBHI Stock existing immediately prior to the Commencement
Date,….,

—-//——-//—//

This is so clear that the stocks (OBS) will return to us holders immediately before the commencement date of “satisfied in full”

[toogoodfella]

RE: …. LBHI Stock existing immediately prior to the Commencement
Date,……

——//———//—-

To digest this better, We should anticipate the stocks to change its name (without a ‘Q’ ) prior to the commencement date of “satisfied in full”

The question is when will be the commencement date of “Satisfied in Full” after the last distributions???

Thirty days after all of our stocks are back to us, Then, the Plan trust will be discharged.