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Channel NewsAsia: No swift resolution for Lehman Minibond holders
http://www.channelnewsasia.com/stories/singaporelocalnews/vi…
Lehman Minibond holders were told in mid-November that they would know by the end of the month what their options were – which could either be a restructuring of the notes or liquidation.
But PwC said that for Minibond Series 5 to 8, this can only happen after "orderly, step-by-step unwinding of the Minibond note structures, including the various swaps in the structures", and this involves a process that might see prolonged litigation.
 
aus der Diskussion: Lehman Brothers Chapter 11 -> Auswirkung(en) auf deren Zertifikate
Autor (Datum des Eintrages): manyfulddick  (02.12.08 21:36:18)
Beitrag: 2,011 von 2,327 (ID:36134598)
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