LEHKQ, LEHLQ, LHHMQ, and LEHNQ are unsecured creditors in the bankruptcy with Bank of New York representing our interests. Here's an excerpt from a WSJ article. ------- It is too early to say how much Lehman creditors will recover in the bankruptcy process. Unsecured creditors have asserted in court filings that they are owed about $200 billion. The bond market is projecting a recovery of about $20 billion, or about 10 cents on the dollar, for these creditors.
Lehman's large unsecured creditors include the federal government's pension-insurance arm, the Pension Benefit Guaranty Corp. The group also includes the Bank of New York, as trustee for the bondholders, and the German government's depositor-insurance arm.
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