Replies to post #111505 on Lehman Brothers Financial SA (LEHNQ)

[s404n1tn0cc]

Thank you Dr. C. You found some relavent movement.!!!! Finaly!!! Great find!!!
And possible blessing. For the Lehman London Branch and US..
Here is the Rub.

4.18.4 The Joint Liquidators of the Company opposed the Dividend
because it would lead to prejudice to the holders of the Securities.
This would arise from a loss of statutory interest payable by LBH on
the amount of the Dividend paid to the Company, which could be
held as un-distributable for some considerable time pending the final
resolution of the ECAPS Guarantees position.

No Distributiion untill "Satisfied in Full"

Then againg we are not in Londons Perview. IMO
And that may be a while. IMO

[toogoodfella]

NOT APPLICABLE FOR LBHI WITH NO MORE MONEY AFTER ALL REMAINING ASSET IS DISTRIBUTED AND STILL OWES APPROXIMATELY 130 BILLION! …….

COMPREHEND BILLION!!!!!

POR IS WRITTEN AND APPROVED BY ALL PARTIES AND THE BANKRUPTCY COURT.

POR IS THE LAW!

WHAT HAPPENED IN UK STAYS IN UK.

A GOING CONCERN LBHI IS NOT OBLIGATED TO REDEEM CTS.

LBHI OBLIGATION IS PAYING INTEREST.

[cottonisking]

https://contracts.justia.com/companies/lehman-brothers-holdings-inc-plan-trust-7208/contract/1008222/

[stoxjock]

Awesome! LBHI has tons of money stashed away everywhere....Folks are 'Clueless', shall we say? LOL...