Replies to post #32675 on Lehman Brothers Financial SA (LEHNQ)

[hestheman]

Pretty sure pimp slaps are not permitted in a court of law....and it would lead to face value for CTs. Later yo...

[IronMan123]

If you read the past posts you would see the DD that shows the CT's were DELISTED in ERROR. So WHY would Judge Peck have anything to say about them being put back where they should have been along and never should have been taken off?

[Joe Stocks]

I'm mean they are in bankruptcy that hasn't been discharged yet.

Actually Lehman as it use to be known has been discharged. A discharge is a statutory injunction against the commencement or continuation of actions to collect or recover a debt. Factually Lehman has exited bankruptcy. No one can now place claims against the estate. All remaining assets have been transferred to a liquidating trust holding company. That is why I don't understand why some here think there may be a change in terms of the POR that may afford them some recovery over and above what the higher priority classes may receive. The CTs have no rights to assets/payouts that supersede those of higher priority. They have no right to sue for anything not included in the POR.