Replies to post #115343 on Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

>>Technically speaking, those were not standard Chapter 11 creditor-to-equity conversions…
and technically speaking, it was technically a proposed debt for equity swap.
>>The Plan Trust cannot spontaneously convert into a new Lehman 2.0 or relist shares without formal action…creditors can’t just decide that distribution should now include equity in a revived entity.
I never brought anything like this up so i am not sure why you brought it up.

[toogoodfella]

ALL CONVERSIONS WILL HAPPEN OUTSIDE BANKRUPTCY! THAT IS THE REASON WHY YOU DONT SEE IT IN THE POR OR IN THE PLAN AGREEMENT. BK COURT HAVE NOTHING TO DO WITH BUSINESS OPERATIONS.....PUT SOMETHING IN THAT LUMP OF CHOLESTEROL IN YOUR SKULL.😆