Lehman Brothers Holdings Inc. (LEH)

Geht es dir gut, Pfand ?

Deine Lehmq sind nicht in Escrow?oh, wie schade, vielleicht weil du die alle verkaufst hast.Besser so, dein Geld ist sicher:)

 

-----------------------------------------

 

" Moreover, pursuant to the Plan, the holders of Equity Interest will maintain their economic interests in any residual assets of the Debtor after the satisfaction of all Allowed Claims, which economic interest will be nontransferable"

 

 the Trustees shall also annually send to each Beneficiary a separate  statement setting forth the holder’s share of items of income, gain, loss,  deduction, or credit, if any, and will instruct all such holders to report such  items on their federal income tax returns or to forward the appropriate  information to the holders with instructions to report such items on their  federal income tax returns.

 

 

 

... ist längst noch nicht tot.

Werde mich aber erst gegen Ende des Monats wieder einklinken können,
da vorher noch ein paar Klöpse im Entstörer-Thread zu klären sind.

LG: Teras.  

PLAN TRUST AGREEMENT  

 

This Plan Trust Agreement (this  “Trust Agreement”), dated and effective as [—], 2011, by and among Lehman Brothers  Holdings Inc. (“LBHI”)

 

WHEREAS, the Plan Trust is  created on behalf of, and for the sole benefit of, the holders of record of LBHI  Stock (including any permitted successor record holder thereof, the  “Beneficiaries”);

WHEREAS, the Plan provides  that on the Effective Date all LBHI Stock is to be canceled and LBHI shall issue  the Plan Trust Stock (which shall replace the canceled LBHI Stock) to the Plan  Trust, to be held for the benefit of the Beneficiaries consistent with their  former relative priority and economic entitlements as holders of LBHI Stock and  Sections 4.17(b) and (c) of the Plan; and

1.1 Purpose of the Plan  Trust. The Plan Trust is established for the sole purpose of (i) holding the  Plan Trust Stock in accordance with the Plan and with no objective or authority  to continue or engage in the conduct of a trade or business, (ii) aiding in the  implementation of the Plan and (iii) receiving and distributing any proceeds  with respect to the Plan Trust Stock pursuant to the Plan (the “Stock  Distributions”), in each of cases (i) through (iii), for the benefit of the  Beneficiaries consistent with the relative priority and economic entitlements of  their former holdings of LBHI Stock immediately prior to the Commencement Date.  Accordingly, the Trustees shall, and hereby represent that they shall, in an  expeditious but orderly manner, make timely distributions of any Stock  Distributions and not unduly prolong the duration of the Plan Trust. Nothing in  this Section 1.1 shall be deemed to permit the Trustees to sell, liquidate,  distribute or otherwise transfer or encumber the Plan Trust Stock.

1.5 Rights of  Beneficiaries. The Beneficiaries shall be the beneficial owners of  the Plan Trust created by this Trust Agreement and the Trustees shall retain  only such incidents of ownership as are necessary to undertake the actions and  transactions authorized herein. In the event that all Allowed Claims in LBHI  Classes 1 through 11 have been satisfied in full in accordance with the  Bankruptcy Code and the Plan, the Plan Trust may receive Stock Distributions  which will then be distributable among the Beneficiaries consistent with each  Beneficiary’s rights of payment as holders of LBHI Stock existing immediately  prior to the Commencement Date, subject to all of the terms and provisions of  this Trust Agreement, the Plan and the Confirmation Order (the Beneficiaries’  interests in such Stock Distributions and the Plan Trust Stock, the  “Interests”).

2.2 Non-Transferability of  Interests. The Interests shall not be certificated and shall not be  transferable, assignable, pledged or hypothecated, in whole or in part, except  with respect to a transfer by will or under the laws of descent and  distribution. Any such permitted transfer, however, will not be effective until  and unless the Trustees, or their designee, receive written notice of such  transfer.

 

 

3.5 (a) Periodic Distribution;  Withholding. The Trustees shall distribute to the Beneficiaries Stock  Distributions as soon as practicable following receipt thereof and at least  annually; provided, however, that prior to making any distribution  to Beneficiaries, the Plan Trust may retain such amounts, in each case to the  extent not paid for by LBHI, (i) as are reasonably necessary to meet contingent  liabilities and to maintain the value of the assets of the Plan Trust during  liquidation, (ii) to pay actual, reasonable and necessary administrative  expenses (including the actual, reasonable and necessary fees, costs and  expenses of the Trustees and all professionals they retain and any taxes imposed  on the Plan Trust or in respect of the assets of the Plan Trust), and (iii) to  satisfy other liabilities incurred or assumed by the Plan Trust (or to which the  assets of the Plan Trust are otherwise subject) in accordance with the Plan or  this Trust Agreement. All such distributions shall be made consistent with the  Beneficiaries’ rights as holders of LBHI Stock existing prior to the  Commencement Date, subject to the terms of the Plan and this Trust Agreement.  The Trustees may withhold from amounts distributable to any Person any and all  amounts, determined in the Trustees’ reasonable sole discretion, to be required  by any law, regulation, rule, ruling, directive or other governmental  requirement. Notwithstanding the foregoing, in no event shall any Beneficiary  receive a distribution of Plan Trust Stock.

 

 

6

 

 

 

(b) Manner of Payment or  Distribution. All distributions made by the Trustees to Beneficiaries shall  be payable to the holders of Interests of record as of the 20th day prior to the  date scheduled for the distribution, unless such day is not a Business Day, in  which case such day shall be the following Business Day (the “Record  Date”). If the distribution shall be in Cash, the Trustees shall distribute  such Cash by wire, check, or such other method as the Trustees deem appropriate  under the circumstances.

 

 

 

 

 

Ich habe gestern die Telefonnumer angerufen.

Es scheint, Sie koennen nichts bestimmtes sagen.

Warscheinlich am 30. April, kriegt LEH Geld von Dividenden von Equity Residential und da haben Sie Geld zu dem OBS zu schicken

Hoffe, die ersten paar Wochen von Mai, werde wir Geld fuers Jahr 2012 bekommen

 

 

4.17 LBHI Class 12 – Equity Interests in LBHI.

 

(a) Impairment and Voting. LBHI Class 12 is impaired by the Plan. Each

 

holder of an Equity Interest in LBHI Class 12 is not entitled to vote to accept or reject the Plan

 

and is conclusively deemed to have rejected the Plan.

 

(b) Stock Exchange. On the Effective Date, all LBHI Stock shall be cancelled

 

and the Plan Trust Stock shall be issued to the Plan Trust which will hold such share for the

 

Seite 169.in the event that all Allowed Claims in LBHI Classes 1

 

 

 

 

through 11 have been satisfied in full in accordance with the Bankruptcy Code and the Plan, each

 

holder of an Equity Interest in LBHI may receive its share of any remaining assets of LBHI

 

 

 

 

Stock Cancellation Questions

 

62. I was a Stockholder prior to the filing, what happened to my stock?

 

 

 

 

On the Effective Date (March 6, 2012), the LBHI common and preferred stock were cancelled and

 

one new share of LBHI common stock was issued to the Lehman Brothers Holdings Inc. Plan

 

Trust (the “LBHI Plan Trust”) which will hold such share for the benefit of the former holders of

 

LBHI common and preferred stock consistent with their former relative priority and economic

 

entitlements. In place of your old shares, an escrow position was created to act as a placeholder

 

in your account and to represent your beneficial interest in the LBHI Plan Trust and your indirect

 

interest in the new share of LBHI common stock for any potential future distributions. The

 

beneficial interests in the LBHI Plan Trust held by former LBHI stockholders are uncertificated,

 

non-voting, and nontransferable other than by will or by the laws of descent and distribution. The

 

escrow position will correspond to the number of old shares you held as of the Effective Date

 

consistent with your former relative priority and economic entitlements. The Plan states that in

 

the event that all Allowed Claims in LBHI Classes 1 through 11 have been satisfied in full in

 

accordance with the Bankruptcy Code and the Plan, each holder of an Equity Interest (as defined

 

in the Plan) in LBHI may receive its share of any remaining assets of LBHI consistent with all

 

rights and priorities existing immediately prior to the commencement of the chapter 11 cases. At

 

this time it is not anticipated that any distribution will be made to the LBHI Plan Trust or to any

 

beneficiary of the LBHI Plan Trust.

 

 

63. What do I do with my stock certificates?

 

 

 

As the stock was cancelled pursuant to the Plan, you are not required to take any action with

 

respect to the stock you hold.

 

 

64. I now hold a beneficial interest in the LBHI Plan Trust.

 

 

 

 

What does this mean? It means you have an escrow position or a “placeholder” for any

 

potential future distributions by the LBHI Plan Trust resulting from any distributions

 

received by the LBHI Plan Trust in respect of the single share of LBHI common stock it

 

holds.

c.

 

Is it worth anything? The Plan states that in the event that all Allowed Claims in LBHI

f.

 

Can I trade it? No. The beneficial interests in the LBHI Plan Trust are non-transferable.

 

 

 

 

The continuing rights of holders of Equity Interests (including through their interest in the

 

LBHI Plan Trust Stock or otherwise) shall be nontransferable except by will or under the

 

laws of descent and distribution.

 

Classes 1 through 11 have been satisfied in full in accordance with the Bankruptcy Code

 

and the Plan, each holder of an Equity Interest in LBHI may receive its share of any

 

remaining assets of LBHI. At this time it is not anticipated that any distribution will be

 

made to any holder of an Equity Interest in LBHI. Additionally, the beneficial interests in

 

the LBHI Plan Trust are non-transferable and non-voting.

 

a.

 

 

www.lehman‐docket.com).

 

 

the LBHI Plan Trust for their tax returns?

 

 

 

 Within seventy-five (75) days following

ii.

 

 

Is the cancellation of LBHI stock taxable to holders? A former holder of LBHI

 

 

 

v.

 

How will beneficiaries of the LBHI Plan Trust receive information regarding

 

the end of the calendar year or as soon as practicable  thereafter, the trustees of the

 

LBHI Plan Trust will furnish to the beneficiaries the information regarding the

 

income, gain, loss, deduction or credit (if any) of the LBHI Plan Trust (as computed

 

for U.S. federal income tax purposes) for the calendar year just ended, by posting

 

such information at (

 

 

 

stock (common or preferred) should not recognize gain or loss for U.S. federal

 

income tax purposes solely by reason of the cancellation of its LBHI stock pursuant

 

to the Plan. As a beneficiary of the LBHI Plan Trust, each holder will continue to be

 

regarded as owning for U.S. federal income tax purposes a direct interest in the

 

single share of LBHI common stock held by the LBHI Plan Trust with the same

 

relative priority and economic entitlements as the LBHI stock previously held.

 

 

65. As a former stockholder, am I entitled to a distribution?

 

 

 

If you previously held common stock or preferred stock of LBHI and, as a result, now hold a

 

beneficial interest in the LBHI Plan Trust, after all Allowed Claims in LBHI Classes 1 through 11

 

have been satisfied in full in accordance with the Bankruptcy Code and the Plan, and the LBHI

 

Plan Trust receives a distribution in respect of the single share of LBHI common stock it holds,

 

you may receive a distribution in respect of your beneficial interest in the LBHI Plan Trust. At this

 

time, it is not anticipated that any distribution will be made to the LBHI Plan Trust or to any holder

 

of an Equity Interest in LBHI. For all other Plan Classes, please refer to the Plan.

 

 

66. If a distribution is made to former stockholders (now holders of beneficial interests in the

 

LBHI Plan Trust), how will I know?

 

 

 

If you held your Class 12 Interests in a brokerage account, the distribution will be deposited into

 

your account. If you held your Class 12 Interest as a registered holder in your own name,

 

notification will be made.

 

http://www.ariva.de/forum/...s-Corp-News-461347?page=783#jumppos19587


Lehman und WaMu Disaster

Geschrieben von LaVern Isely am 17. April 2013 um 13.16 UhrBlog anzeigen
Das folgende ist eine hervorragende Auszug aus dem Buch "Der Profit: Warum Wall Street gewinnt immer" von Jeff Connaughton aus Kapitel 5 auf Seite 75, und ich zitiere: "Mitte März 2010 der Konkurs Prüfer für Lehman Brothers Holdings Inc. ist eine Freigabe 22-100 seitigen Bericht über den Niedergang des Unternehmens. Der Bericht, der eye-opening Details über Lehman-Buchführung, in scharfem Relief, was wir und viele andere, hatte die ganze Zeit vermutet setzen enthalten: dass Betrug und möglicherweise kriminelles Verhalten in den Mittelpunkt der Finanzkrise waren. Dies war der erste Fall, in dem wir waren in der Lage, die Tatsachen, wie durch eine kompetente und unabhängige Fact-Finder entwickelt, im Gegensatz zu den Untersuchungen im Gange gehüllt auf dem Justizministerium und der SEC (auch in privaten Treffen mit dem Justizministerium, das FBI zu sehen, und SEC, hatten wir noch keine Details über spezifische Fälle gelernt).
Der Konkurs Prüfers Bericht war verheerend eindeutig. Es machte deutlich, dass Lehman hatte seine Bücher gekocht, versteckt 50 Milliarden Dollar an toxischen Vermögenswerte vorübergehend verlagert sie aus ihrer Bilanz in der Zeit, rosiger Quartalsberichte produzieren. Der Konkurs Prüfer genannt Lehman Jahresabschluss "wesentlich irreführend" und sagte, dass seine Führungskräfte hatten in Eingriff "umsetzbare Bilanz Manipulation."
Lehman Brothers kann unter gegangen, aber die Verantwortlichen für diesen Betrug sind immer noch da. Warum sind diese Leute nicht strafrechtlich verfolgt, und wenn für schuldig befunden, von einer Jury ins Gefängnis zu gehen?

usw usw

http://nationbuilders.thenation.com/profiles/...man-and-wamu-disaster  

Lehman Brokerage Trustee Says He’s Closer to Paying Customers

The trustee liquidating the Lehman Brothers Inc. brokerage said he expects to close settlement agreements with affiliates “in the near future” that should enable him to pay approved customers in full.

No one in the U.S. or U.K. has challenged the pacts struck with Lehman Brothers Holdings Inc. and Lehman Brothers International Europe, and he doesn’t anticipate a challenge by the May 22 deadline, he said in an appeals court filing in Manhattan.

It will take “some time” to set aside reserves for disputed claims before making any payout, said trustee James Giddens. He made the statements in a letter to an appeals court handling a separate dispute between the defunct brokerage and London-based Barclays Plc


http://www.businessweek.com/news/2013-05-13/...er-to-paying-customers  

Bis später!
Teras.  

Nur die "freiwilligen" Zurückziehungen plus die richterlichen Abweisungen derer Forderungen gegen LEHMAN plus die Subpoenas ISSUED zusammengenommen
fehlen uns hier seit meiner letzten Actualisierung inzwischen mindestens 850 Dockets.

DASS actualisiert werden muss, ist vollkommen klar, doch diese Menge kann Niemand stemmen. Bin seit heute Vormittag dabei zu ermitteln, wie weit die Zahl derer Dockets SINKT, wenn man die Subpoenas ISSUED aus der Actualisierung herausnimmt.

Alle Subpoenas wird man sicherlich aus der Actualisierung NICHT herausnehmen können!
Also bastele ich derzeit an einer Lösung, nur JENE Subpoenas in die Actualisierung der Forderungs-Abschmelzung mit einzubeziehen, die als directe URSACHE von Forderungs-Rückziehern anzuseh'n sind.

Bin gerade dabei, die dadurch mögliche Reducierung des Actualisierungs-Aufwandes über den Daumen gepeilt zu ermitteln, und melde mich dann später erneut zum LEHMAN-Thema.

LG: Teras.  

Mein stärkster Eindruck aus der ersten Durchforstung derer inzwischen aufgelaufenen Dockets:  Das Chapter-11-Verfahren unserer LEHMAN Brothers ist immer noch stark aufgeblasen!  Die ehrgeizige Planung, diesen Chapter-11-Case schon 2016 abgeschlossen zu haben, erscheint mir vor diesem Hintergrunde noch nicht gesichert.

Der Hauptgrund für die Aufblähung liegt darin, dass sehr viele Claimanten am laufenden Bande halt einfach irgendwas gefordert haben; und von diesem seltsamen Treiben wollen gerade die Hartnäckigsten offenbar nicht freiwillig lassen.

Segelt ihnen jedoch von Seiten LEHMAN eine so genannte SUBPOENA in's Haus, dann purzeln die Forderungen wie mattes Herbstlaub, bisweilen gar 160 "Forderungen" auf EIN Mal:  http://dm.epiq11.com/LBH/Document/GetDocument/2310263  

Continuation of Withdrawals of CLAIM(s) will be starting from HERE:

==>  Docket #35907 - Withdrawal of [218 (two hundred and eighteen)] Claim(s).

Our next "Withdrawal of Claim(s)" Docket will be the Docket #35911...  

Docket #35911, 03/13/2013:  Joint Notice of Withdrawal of Claim and Withdrawal of Subpoena Issued Pursuant to Order Granting the Debtors Authority to Issue Subpoenas for the Production of Documents and Authorizing the Examination of Persons and Entities filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related:  none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2273374

After having seen a Subpoena  ==>  Docket #33778 - Subpoena ISSUED  Insight Investment Management (Global) Limited, acting as Agent on Behalf of Clerical Medical Management Funds Ltd. (the "Claimant")  withdraws  Proof of Claim Number 12902 filed in the Amount of  $ 18,406,446.36  "plus Interest, Cost, Fees and Expenses" (the "Claim"):  

Docket #35951, 03/15/2013:  Withdrawal of Claim(s): Claim No. 17177 filed by John E. Jureller Jr. on behalf of DMC (HD) Limited. (Jureller, John).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2274048

$ 30,729.--  withdrawn.  

Docket #35952, 03/15/2013:  Withdrawal of Claim(s): Claim No. 17173 filed by John E. Jureller Jr. on behalf of Hyperion (HD) Limited. (Jureller, John).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2274049

$ 77,786.--  withdrawn.  

Docket #35965, 03/15/2013:  Withdrawal of Claim(s): Claim No. 13587 filed by John E. Jureller Jr. on behalf of Tsing Tsung & Wei Fong Chao Global Foundation. (Jureller, John).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2274248

$ 4,660.--  withdrawn.  

Docket #36030, 03/18/2013:  Notice of Withdrawal : Joint Notice of Withdrawal of Claim and Withdrawal of Subpoena Issued Pursuant to Order Granting the Debtors Authority to Issue Subpoenas for the Production of Documents and Authorizing the Examination of Persons and Entities (related document(s) [35801]) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: 35801.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2275241

$ 626,783.75  withdrawn after  ==>  Docket #35801 - Subpoena ISSUED...  

Docket #36031, 03/18/2013:  Notice of Withdrawal : Joint Notice of Withdrawal of Claim and Withdrawal of Subpoena Issued Pursuant to Order Granting the Debtors Authority to Issue Subpoenas for the Production of Documents and Authorizing the Examination of Persons and Entities (related document(s) [35801]) filed by Robert J. Lemons on behalf of Lehman Brothers Holdings Inc. (Lemons, Robert).
Case: Lehman Brothers Holdings Inc.
Related: 35801.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2275242

$ 135,427.01  withdrawn after  ==>  Docket #35801 - Subpoena ISSUED...  

Docket #36056, 03/19/2013:  So Ordered Stipulation and Order Signed on 3/19/2013 Amending and Withdrawing Claims. (Related document(s) [35773]) (Nulty, Lynda).
Case: Lehman Brothers Holdings Inc.
Related: 35773.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2275576

It is now ORDERED,  that each of the [66 (sixty-six)] "Original Claims"
shall be deemed  withdrawn with Prejudice  subject to this Stipulation and Order.

The Court makes it very clear that duplicative Claiming cannot be tolerated:  

Docket #36059, 03/19/2013:  Withdrawal of Claim(s): Claim No. 27607 filed by John E. Jureller Jr. on behalf of... [a private Person bearing the Title of "Lady"]. (Jureller, John).
Case: Lehman Brothers Holdings Inc.
Related: none.

Document:  http://dm.epiq11.com/LBH/Document/GetDocument/2275688

An "unknown" Amount ist  withdrawn...