Objections to Lehman’s request must be filed by Jan. 23. A hearing is set for Jan. 30 before U.S. Bankruptcy Judge James Peck. Lehman is also asking Peck to free it from sticking to a fixed schedule for paying creditors.
Can they argue that assets in POR are under Liquidation to avoid taxes, but keeping 50B assets hidden under a subsidiary in a Reorganization process? I don´t think so.