Lehman Brothers Holdings Inc. (LEH)

http://www.bloomberg.com/news/2011-07-15/...nd-centerbridge-says.html

Lehman Liquidation Plan Won’t Succeed, Hedge Fund Centerbridge Says

By Linda Sandler - Jul 15, 2011 8:57 PM GMT+0200 .

Lehman Brothers Holdings Inc. (LEHMQ)’s $65 billion plan to liquidate its assets in bankruptcy won’t win creditors’ approval, hedge fund Centerbridge Capital Partners LLC said in a court filing.

“Numerous” other creditors may join Centerbridge in voting against Lehman’s plan, a “flawed construct” that “subsidizes” some groups at others’ expense, it said. Anchorage Capital Group LLC said it was backing Centerbridge, according to a filing today in U.S. Bankruptcy Court in Manhattan.

Lehman shares jumped about 8.6 percent after Centerbridge’s opposition was reported, trimming earlier losses. The stock was down 3.9 percent to 5 cents in over-the-counter trading at 2:28 p.m. New York time.

Lehman said this month that creditors holding more than $100 billion in claims gave their support to the company’s latest payout plan, which allots more money to a group including Goldman Sachs Group Inc. (GS) and less to bondholders including Paulson & Co. The two rival groups signed onto the revised plan after battling to control the largest corporate liquidation in U.S. history.

Centerbridge made its filing “to advise the court that despite the purported consensus supporting the debtors’ plan, Centerbridge and it believes numerous other creditors do not believe that the new plan is confirmable” and will be opposing the confirmation, the hedge fund said.

Lehman Chief Executive Officer Bryan Marsal didn’t immediately respond to an e-mail seeking comment. Spokeswoman Kimberly Macleod declined to comment.

‘Horse Trading’

Lehman’s compromise proposal was “a product of horse trading” among investors who were noisiest in objecting to the defunct firm’s earlier payout formulas, Centerbridge said in its filing. To win them over, Lehman was “siphoning value away from other creditors,” Centerbridge said.

Holders of claims against Lehman’s commercial paper unit were among the losers being forced to subsidize noisier creditors, according to Centerbridge. The hedge fund said it had Lehman’s permission to conduct research on these issues.

Lehman aims to confirm its plan this year and start distributing a “significant” amount of its $21 billion in available cash shortly after, Lehman lawyer Lori Fife told Bloomberg on July 1.

Once the world’s fourth-biggest investment bank, Lehman filed for bankruptcy on Sept. 15, 2008, with assets of $ 639 billion.

The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net.

To contact the editor responsible for this story: John Pickering at jpickering@bloomberg.net.  

Diese Actie ist NICHTS für einen "aus dem Bauch heraus" motivierten Einstieg!
Wer in diese Actie einsteigen will, sollte das durchaus RATIONELL tun.

Also ganz genau so, wie bei denen meisten anderen AUCH...
Allerdings ist unsere LEHMAN eine ganz BESONDERE Actie!

Man muss sie obendrein auch MÖGEN:
Ihren Rhythmus, ihre Unpässlichkeit, und: ihre SCHRULLEN.

In diesem Sinne ganz liebe Grüße:
Der olle LEHMAN-Fan Teras.

Original-Post von mir im WAMU-Thread, trifft aber hier auch zu:

 

Passiert ja nicht oft, dass ein Käufer von Forderungen gegen unsere LEHMAN Brothers öffentlich kundtut, wieso er die kauft. - Die entsprechende Verlautbarung der MAN Group muss als Ausnahme gelten:

18.07.2011 08:27
Man Group Reports Transfer Of Lehman Exposure From Funds Managed By GLG

"LONDON (dpa-AFX) - Man Group (EMG.L) entered into a series of transactions to purchase, at current net asset value, all the residual exposure to the Lehman estates from funds managed by its wholly owned subsidiary, GLG Partners LP. These transactions are mainly relevant to GLG's European Long Short and North American Opportunity strategies, Man added.

The total consideration for the transactions is $355 million, payable in cash. In return, Man would be entitled to benefit from, or bear the risk of, any change to the net asset value of the claims, with the funds sharing upside in limited circumstances.

The company said it would be entitled to the proceeds of each claim as and when it is distributed by the relevant Lehman estate, although the precise timing of receipts is difficult to determine given the complexity of the Lehman insolvencies. The board directors of the relevant funds have received independent financial and legal advice in respect of the transactions".

SOURCE / LINK / QUELLE  dieser Erklärung:
http://www.finanznachrichten.de/...-from-funds-managed-by-glg-020.htm

http://cxa.marketwatch.com/finra/BondCenter/...l.aspx?ID=NTI1Mk0wRkQ0  

7/20/2011
U.S. judge OKs creditor pact with Lehman on payout plan

"NEW YORK, July 20 (Reuters) - A New York judge approved a deal on WEDNESDAY that will allow LEHMAN Brothers Holdings Inc. to present its latest bankruptcy exit plan WITHOUT opposition from two key creditor groups, moving the failed investment bank an inch closer to ENDING the biggest bankruptcy in U.S. history.

The agreement, reached with the creditor groups earlier this month, allows Lehman to seek approval of a plan to pay creditors back roughly $65 billion, and ensures that two of the largest creditor groups will  NOT  pursue competing plans.

Earlier versions of Lehman's plan drew criticism, most vocally from the two groups: bondholders led by hedge fund PAULSON and Co and the California Public Employees Retirement System, and a collection of hedge funds and big banks including Silver Point Capital, Goldman SACHS Group Inc and Morgan Stanley.

Both groups publicly opposed the plan and submitted their own proposals for paying back creditors.

Lehman unveiled its latest plan in June, touting it as a compromise. The new proposal increases recoveries for certain unsecured creditors of the Lehman PARENT, and gives the Paulson and Goldman groups a role in selecting Lehman's POST-bankruptcy board.

In exchange, the Paulson and Goldman groups agreed  NOT  to pursue their competing plans until creditors have had a chance to vote on the Lehman-proposed plan. Lehman must emerge from bankruptcy by March 31, 2012, for the agreement to hold up"...

SOURCE / LINK / QUELLE  dieses Ausschnitts:
http://newsandinsight.thomsonreuters.com/Legal/...hman_on_payout_plan

Lehman Claims Barclays Underpaid $500 Million for North American Business

http://www.bloomberg.com/news/2011-07-21/...th-american-business.html  

Was dent Ihr, wie gehts gleich weiter?  

alle recht viel und wissen alle recht wenig. ich würd mich halt freuen wenn wir jetzt über die 200er-linie durchbrechen. siehe 3-jahreschart so wie im august 2009. das wär doch mal was!

ICH DRÜCK UNS DIE DAUMEN!

http://www.ariva.de/chart/images/...m?z=a2468~B200~b1~R200~U3years~W1  

0,05 usd entsprechen 0,0348 euro. 0,049 usd  sind 0,0341 euro. so schlecht ist das doch gar nicht find ich. in deutschland wird derzeit halt tief gestappelt, weil sie uns einsammeln wollen.  

LEHMAN "zuckelt" derzeit ein wenig, wenn auch noch bei schwachem VOLUMEN:
http://de.advfn.com/...rt&s=NO%5ELEHMQ&p=0&t=29&vol=1

land geschichte involviert ist?
Haben sie damals massiv auf die entwertung griechischer staatsanleihen gewettet?
Wenn ja, dann würden die abermrd an eu-subvention ggf. lehman sanieren?

Grüße  

sollten wir recherchieren!  

Lehman Brokerage Challenges $1.1 Billion Award to Barclays

http://www.bloomberg.com/news/2011-07-23/...on-award-to-barclays.html  

da schau an wie handlungsfähig lehman brothers ist:
"
Manhattan investment bank Lehman Brothers will take ownership of Moonlight Basin under a plan the bank and the resort submitted Friday to U.S. bankruptcy court.

The settlement comes after years of court battles between Lehman and Moonlight over a $100 million loan that came due in 2009. While it was agreed that most of the loan wasn't repaid, Moonlight management contended that the resort took the loan with the promise that Lehman would either sell the resort within three months or provide the resort with long-term financing.

http://www.bozemandailychronicle.com/news/...0-ad1f-001cc4c03286.html




In the settlement submitted to U.S. Judge Ralph Kirscher, Moonlight's claims have been dropped. Under the proposed plan, Lehman will supply funds sufficient to satisfy in full the claims of Moonlight Basin's administrative creditors and provide a recovery for Moonlight Basin's unsecured creditors.

Officials with both Lehman and Moonlight said in the press release that the settlement ensures that Moonlight will stay open in the long term.

"This agreement further ensures Moonlight will remain financially stable with continued long-term operations," Moonlight Chief Operating Officer Russ McElyea said in the press release. "Our summer and winter programs will continue to deliver outstanding experiences for our guests. Moonlight Basin is an integral part of the Big Sky Community, and this agreement will deliver a positive outcome for our employees, vendors, guests and for the community as a whole."

Moonlight Basin is a resort and real estate development in the Lone Peak area with 1,900 skiable acres. It also boasts a Jack Nicklaus-designed golf course and a full-service spa.

http://www.bozemandailychronicle.com/news/...-ad1f-001cc4c03286.html"  

... dass der Kurs gleich einen 10%-Hüpfer bei einem 900 USD-Umsatz macht.

Wieviel Prozent kann dann das Teil dann steigen, wenn hier ne Mio USD reingebuttert wird?

Rein linear betrachtet 10.000 %, dann wären wir genau bei 5 USD.

http://de.advfn.com/...amp;s=USOTC%3ALEHMQ&p=0&t=37&vol=1  

ein angemessener Preis, wie ich finde.  

... vielleicht etwas zu billig.  

aber @teras: hat das einen grund warum du "aktie" andauernd falsch schreibst?

 

 

Die Frage wird Teras sicherlich genau beantworten können.

Aber ich denke, NORMALE Aktien schreibt man: "Aktien".
Und eine BESONDERE nennt man: "Actie"

Nun stellt sich für dich nur noch die Frage, was eine besondere Actie von einer normalen Aktie unterscheidet.  

...und ich fänds am coolsten wenn unsere Actie mal steigen würde ;-)

Dieses blöde Wamu hinterhergehechle nervt...

 

Otreon, ich helf Dir mal: Durch was unterscheidet sich eine besondere Frau von einer normalen Frau?  

Wir halten uns heute doch sehr stabil im Vergleich zu Wamu.

Geduld, Geduld. Gut Ding will Weile haben.  

Okay, ich löse auf:

Die BESONDERE macht Dich restlos und dauerhaft GLÜCKLICH.  

... doch Ihre Schönheit liegt meist im Verborgenem.