Replies to post #9934 on Lehman Brothers Financial SA (LEHNQ)

[onco]

what happens if they go for the low hanging fruit NOL and try not to maximize.are we still in the game???

[Vincentius]

hopefully this plays out.
so far though, all LBHI creditors above class 10 have received a percentage of their allowed claims

per the distribution filing on 4.11.12 (Doc#27312)
Percentage of
Allowed Claim (1)
Lehman Brothers Holdings Inc.
Class 3 Senior Unsecured Claims 6.02%
Class 4A Senior Affiliate Claims 4.62%
Class 4B Senior Affiliate Guarantee Claims 4.51%
Class 5 Senior Third-Party Guarantee Claims 3.61%
Class 6A Convenience Claims 26.00%
Class 6B Guarantee Convenience Claims 17.00%
Class 7 General Unsecured Claims 5.66%
Class 8 Affiliate Claims 4.25%
Class 9A Third-Party Guarantee Claims other than those of the RACERS Trusts 3.40%
Class 9B Third Party Guarantee Claims of the RACERS Trusts 2.07%
Class 10A Subordinated Class 10A Claims N/A (2)
Class 10B Subordinated Class 10B Claims N/A (2)
Class 10C Subordinated Class 10C Claims N/A (2)


(1)"N/A" indicates either $0 available cash for Distributions or $0 in Allowed Claims within the specific Class
(2)Distributions reallocated in accordance with Section 6.4 of the Plan
(3)In accordance with sections 6.5(b) and 6.5 (c) of the Plan, LBHI is participating in Distributions in the amount and to the extent set forth on Page 4 of the Debtor's Claims Schedule

[basha]

Totally agree.Hope we get rewarded for our patience in the end. Really appreciate all the effort putforth by you, cotton, toogood, dnoto, jerry and others....keep up the good work