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marayatano

02/12/12 12:20 AM

#7340 RE: Starnes #7339

The Plan has already been confirmed. You don't even understand the words: cram-down. It comes BEFORE the plan is confirmed. ROLMAO Try to read your own link and try to comprehend them before you post and make a (fill in the blank) out of yourself.



http://online.wsj.com/article/SB10001424052970204770404577082451546013514.html

Lehman Brothers Holdings Inc.'s $65 billion creditor-payment plan was confirmed . . .



Cram-down laws which you seem to be unfamiliar with will pave the way for all the classes in this case...The POR is yet undefined..Here is a good explanation. You should try reading some newer materials,..

http://www.bankruptcy-chapter-11.com/chapter-11-bankruptcy-cram-down.html

imo...



imo