Requesting An Equity Committee For Lehman Brothers

Online, November 28, 2010 (Newswire.com) - On 28 April 2010 the United States Trustee declined appointment of an official Equity Committee in the bankruptcy case of Lehman Brothers Holdings Inc., ("LBHI")1. The letter indicated that the United States Trustee (UST) had considered the matter in the customary manner and deferred the issue to the Honorable James M. Peck for further contemplation. A series of letters have been addressed to the Honorable James M. Peck for consideration of our request. Thus far there has been no development.

I humbly request subsequent consideration by the United States Trustee on the matter of appointment of an exclusive Equity Committee as the only means to adequately represent equity security holders. As it stands now, security holders' representation is nonexistent and requests for information are being wholly ignored by the Debtor, Debtors' Restructuring Team, Debtor's Counsel, and Committee of Unsecured Creditors. Support of the United States Trustee is our only viable option at this point.

There are several key points (not inclusive) that I believe warrant subsequent consideration by the United States Trustee. All of these topics are interdependent but can generally be separated into the following three topics:

1) Legal Representation and Costs
2) Previous Equity Motion Request and Basis of Denial
3) Stockholders Right for Annual Stockholder Meetings and the Election of addition Board Members

Docket No. 8679 @ http://lehman-docket.com
Docket No. 8874, 8872, 8871, 8523, 8363, 8364, 8357, 8356, 8040 @ http://lehman-docket.com
Docket No. 9791 @ http://lehman-docket.com