Replies to post #27755 on Lehman Brothers Financial SA (LEHNQ)

[winner79]

The Subordinated Debentures governing the Capital Trusts Securities (CT's - LHHMQ, LEHKQ, LEHNQ, LEHLQ) are the liabilities of the parent company LBHI and currently under CLASS 10B of the ALLOWED CLAIMS of LBHI.

[catdaddyrt]

not on the CTs

We have no information indicating that any of the obligations of LBHI under the securities represented by Claims 22122 or 22123 were assumed by Barclays, though you would need to confirm directly with Barclays or LBHI to confirm the same. LBHI is represented by Weil Gotshal and Manges LLP.

Please note that Barclays did not assume liability for any of Lehman Brothers’ issued securities in connection with the acquisition of Lehman Brothers Inc. US assets and therefore is not responsible for these securities or the dividends thereon.

I would be grateful if you could advise who at BNYM recommended you to contact Hughes, Hubbard and Reed, so we update him/her on the situation.

Kind regards,



they do say something about obligations and CTs

any of the obligations of LBHI under the securities represented by Claims 22122 or 22123

Oihana