Replies to post #27872 on Lehman Brothers Financial SA (LEHNQ)

[JERSEYHAWG]

Thanks winner, your a dam good poster here. Hip to the moves.

I like your posts, they tell me what I WANT to hear. Lol

Keep up the good work, you fit right in with the rest of the high power brain trust.
We have plenty of respectable posters here. If you have been following this thread you know all ready.


You others of a differant view out there, a footnote to make you happy. PUMP PUMP PUMP

[mik1]

"as all postpetition interest on all such Allowed Claims has been paid in full. "

I mentioned this subject before. It is out of the POR and it is a LOT of money. I would be careful about the 53B mark.

8.13 Maximum Distribution.

(c) To the extent that any Debtor has Available Cash after all Allowed Claims against that Debtor have been satisfied in full in accordance with Section 8.13(a) of the Plan, each holder of each such Allowed Claim shall receive its Pro Rata Share of further Distributions, if any, to the fullest extent permissible under the Bankruptcy Code in satisfaction of postpetition interest on the Allowed amount of such Claims at the rate applicable in the contract or contracts on which such Allowed Claim is based (or, absent such contractual rate, at the statutory rate) until such time as all postpetition interest on all such Allowed Claims has been paid in full.