Replies to post #27853 on Lehman Brothers Financial SA (LEHNQ)

[littledevils90210]

Most important ding is payoff da POR.

If POR paid off,

1. In a Chp. 11 liquidation, CTS gets up to 80% because reallocation ends. I guess you can say up to 85%

2. In a reorg...Up to 100% depending what assets are left and value is. Being Reaffirmed plays out here.

Like I said before, all da chatter in the news media points to chp. 11 liquidation...But all the actions points to paying off da POR and closing out the BK to reorg.


go figure...devil

[winner79]

The Allowed Claims for Capital Trusts is $25.00 per share. Only 14.9% of $25.00 to be redirected/redistributed to higher classes.