Channel NewsAsia: No swift resolution for Lehman Minibond holders
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.
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|Autor (Datum des Eintrages):||manyfulddick (02.12.08 21:36:18)|
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