Replies to post #113796 on Lehman Brothers Financial SA (LEHNQ)

[Vareddhi]

these were the phrases they used to take the piss out of us, that is, "maximize" I think we won't see a damn thing, they're just finding excuses to not pay a damn thing

[cottonisking]

Here is your clue and basis:

Lehman wins OK to create new asset mgmt co, bankruptcy judge declares he’s never seen this before
Author
By REUTERS
UPDATED: April 9, 2018 at 7:09 PM EDT
Lehman Brothers Holdings Inc (LEHMQ.PK), which filed the largest bankruptcy in U.S. history, won a federal bankruptcy judge’s approval on Thursday to create a new asset management company.

The creation of the company, known as LAMCO, will enable Lehman to unwind some of its assets over a longer period of time, potentially allowing it to make more money.

“I’ve never seen anything quite like this,” U.S. Bankruptcy Judge James Peck said at a court hearing.

https://www.nydailynews.com/2010/04/15/lehman-wins-ok-to-create-new-asset-mgmt-co-bankruptcy-judge-declares-hes-never-seen-this-before/