Replies to post #9909 on Lehman Brothers Financial SA (LEHNQ)

[hestheman]

I personally think that the new company shares and NOLs will be the way we are settled. However, if Lehman makes a deal with JPM I would think (according to bk rules) our claims would be treated equal to that. Of course, there was no percentage cap on allowed claims for class 10B so JPM is going after it all (all of what they are owed) if i remember correctly. I seem to recall the Lehman attornies thought the notion of JPM being paid in full was ludicrous considering senior unsecureds were being paid some 20 cents on the dollar. Anyhow, if a deal is made, our claims must be treated the same. If they agree to a settlement of less than what they are owed, I wonder....if there is a chance we would still receive that same amount but be issued shares in the reorganized company (kind of a cash/share combo) to make us whole? Something to think about gang...

[StockJoker]

I would like to refer to my last two post about ct'S. I really believe most of the CT's will continue to trade....I also believe they will need to address the state of all CT's with the next year before most ct's ..Lehman will need to pay us first before any CT's
are to be paided on the time before they go into default.

I do believe the CT's are in the money..it will just take time...
Our CT's has been deferred for a little over 4 years now...either way CT's will get full amount with Interest. To my understanding...The Preferred trust needs to be paid in full face value with all interest owed , before the common side of the Trust (JPM) gets paid on any Ct that was in place 18 months ...Its starting to become clearer which way we're heading with the ct's

GLTA We all in the same boat it seems...IF JPM get paid anything before our CT's get paid...If payment is made to the common's
Our CT's will be in default...It will be up to the Bank of New York Mellon will need to step up and push forward...Just some thoughts...
Once again Good luck and sleep well...The wheel is turning so this means Lehman Is moving forward,,That is what matters to me...
I have a strong feeling Lehman will rise again...No longer a Bank holding company, but has turned into a real estate giant...

IPO into Archstone...Are take the other 75% and call the new company something else...The CT's will follow Lehmen..No matter what until paid in full...There is only a few quarters left, before the deferred divi needs to become fully up to date..Regardless ..If we merger into a new...Before any payment is made to the common side of the trust...the equity side of the trust needs to be taken care of...Which includes 10a,10b,10c...These classes will get payment before the common side gets paid a dime...Looking good here I think

[littledevils90210]

Ace: I have said all along after I did more DD that the CTs will be paid from NOLs. There are obvious disagreements here but I guess its all opinions. Either way, we win so lets not kill each other over our disagreements

"PAID IN FULL" what the hell does that mean? IMO, paid in full is for the 65 billion stated because that is what they can pay now and is liquid or shorter term instruments that can be sold.

The 65 billion is the target point and if there is nothing else left, the creditors can just walk away and be "PAID IN FULL". If there is A LOT MORE, they will take more..... IMO IMO IMO, the 65 billion will satisfy all the creditors claims and the rest of the approved claims (debtors) will fight it out for the remainder assets. CTs collect from class 10B.

Now NOLs, IMO IMO IMO, it should cover all of the rest of the debts as more is being written off and added to NOLS. The more write offs the better for CTs. Some approved claims are being reduced. As the NOL value rises, it should cover the CTs even after paying off the debtors as for CTs is only like 1.3 billion more and it eats the 10B.

The rest goes to preferreds and then commons...ALL JMHO....go figure...devil