Replies to post #35971 on Lehman Brothers Financial SA (LEHNQ)

[jwnoble3]

Judge Peck only takes a quick look now. He's publicly come out and said that LBHI is autonomous and he will rarely (if ever) meddle in their affairs.

The remains of the bankruptcy proceedings look like they are being dealt with now.

My thoughts, it appears LBHI is getting closer to being out of the grasp of the bankruptcy court.

No idea on the deal terms, looks like its largely a tax move.