When Lehman gets out of Ch 11 and everyone else will start doing business with them again because they are a known name and have prior business relationships with almost every other business entity out there.
The new spinoff company of Lehmann will be owned by the shareholders as indicated by their filing.
End result = company back on track, a leaner and more organized way, with the shareholders intact( + the new ones like us who got in recently) and the company starts to function again like it used to. The real estate market is improving and Leh assets are "increasing" on an almost daily basis.
If everything is going back to how it used to be, IMO the cap trusts might end up seeing the full value and the prefs a good percentage.
JMHO!!
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