- Annual Report (10-K)
31 März 2010 - 10:20PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C.
20549
FORM 10-K
(Mark One)
x
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31,
200
9
or
o
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from
to
Commission File Number: 001-31515
filed on behalf of:
Corporate Backed
Trust Certificates, American General Institutional Capital A Capital
Securities-Backed Series
2002-17 Trust
(Exact Name of Registrant
as Specified in Its Charter)
by:
Lehman ABS Corporation
(Exact Name of Depositor
as Specified in Its Charter)
Delaware
|
|
13-3447441
|
(State or other
jurisdiction of incorporation or organization)
|
|
(I.R.S. Employer
Identification No.)
|
1271
Avenue of the Americas, New York, New York
|
|
10020
|
(Address of principal
executive offices)
|
|
(Zip Code)
|
Registrants telephone number, including area code:
(
646
)
285-9000
Securities registered pursuant to Section 12(b) of the Act:
Title of
Each Class
|
|
Name of
Each Exchange on Which Registered
|
Corporate
Backed Trust Certificates, American General Institutional Capital A Capital
Securities-Backed Series 2002-17
|
|
New York Stock Exchange
(NYSE)
|
Securities registered
pursuant to Section 12(g) of the Act:
None
Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405
of the Securities Act. Yes
o
No
x
Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13
or Section 15(d) of the Act. Yes
o
No
x
Indicate
by check mark whether the registrant: (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes
x
No
o
Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such files). Yes
o
No
o
Indicate by check mark if disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is
not contained herein, and will not be contained, to the best of registrants
knowledge, in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this Form 10-K.
x
Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, or a non-accelerated filer.
See definition of accelerated filer and large accelerated filer in Rule 12b-2
of the Exchange Act. (Check one:)
Large Accelerated Filer
o
|
Accelerated Filer
o
|
|
|
Non-Accelerated Filer
x
|
Smaller reporting company
o
|
Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2
of the Act). Yes
o
No
x
State the aggregate market value of the voting and non-voting common
equity held by nonaffiliates computed by reference to the price at which the
common equity was last sold, or the average bid and asked price of such common
equity, as of the last business day of the registrants most recently completed
second fiscal quarter.
The registrant has
no voting stock or class of common stock that is held by nonaffiliates.
DOCUMENTS
INCORPORATED BY REFERENCE
The distribution reports to security holders, filed on Form 8-K
during the fiscal year in lieu of reports on Form 10-Q, which include the
reports filed on Form 8-K listed in Item 15(a) hereto are
incorporated by reference into part IV of this Annual Report.
Introductory
Note
Lehman ABS Corporation (the Depositor) is the Depositor in respect of
the Corporate Backed Trust Certificates,
American General Institutional Capital A Capital Securities-Backed Series 2002-17
Trust (the Trust), a common law trust formed pursuant to the Standard
Terms for Trust Agreements, dated as of January 16, 2001, between the
Depositor and U.S. Bank Trust National Association, as trustee (the Trustee),
as supplemented by a Series Supplement (the Series Supplement),
dated as of October 23, 2002, in
respect of the Trust, as supplemented by a
Supplement to the Series Supplement, dated as of June 18, 2003. The Trusts assets consist solely of capital
securities issued by American General Institutional
Capital A (the Underlying Securities Issuer). The Certificates do not
represent obligations of, or interests in, the Depositor or the Trustee.
The Registrant is a wholly-owned, indirect subsidiary of Lehman
Brothers Holdings Inc. (LBHI), which filed a voluntary petition (the Petition)
for relief under Chapter 11 of the United States Code in the United States
Bankruptcy Court for the Southern District of New York on September 15,
2008 in a jointly administered proceeding named In re Lehman Brothers Holdings
Inc., et. al. under Case Number 08-13555. LBHI and its wholly-owned
broker-dealer, Lehman Brothers Inc., have sold since September 15, 2008
significant businesses, including the sale on September 21, 2008 of the
investment banking business to Barclays Capital Inc., which business included
the employees who historically conducted the Registrants business.
American General Institutional
Capital A is a subsidiary of American International Group, Inc. American International Group, Inc.
, the guarantor of
the junior subordinated debentures, the
sole assets held by the Underlying Securities Issuer,
is subject to the information reporting
requirements of the Securities Exchange Act of 1934, as amended (the Exchange
Act). For information on American International Group, Inc., please see its periodic and current reports filed
with the Securities and Exchange Commission (the Commission) under American International Group, Inc.s Exchange
Act file number, 001-08787. The
Commission maintains a site on the World Wide Web at http://www.sec.gov at
which users can view and download copies of reports, proxy and information
statements and other information regarding issuers filed electronically through
the Electronic Data Gathering, Analysis and Retrieval system, or EDGAR. Periodic and current reports and other
information required to be filed pursuant to the Exchange Act by the guarantor
of the junior subordinated debentures may
be accessed on this site. Neither
the Depositor nor the Trustee has participated in the preparation of such
reporting documents, or made any due diligence investigation with respect to
the information provided therein.
Neither the Depositor nor the Trustee has verified the accuracy or
completeness of such documents or reports.
There can be no assurance that events affecting the Underlying Securities Issuer, the guarantor of the junior
subordinated debentures or the
underlying securities have not occurred or have not yet been publicly disclosed
which would affect the accuracy or completeness of the publicly available
documents described above.
2
PART I
Item 1. Business.
Not Applicable
Item 1A. Risk Factors
.
Not Applicable
Item 1B. Unresolved Staff Comments
.
Not Applicable
Item 2.
Properties
.
Not Applicable
Item 3. Legal
Proceedings.
None
Item 4.
Submission of Matters to a Vote of Security Holders.
None
PART II
Item 5. Market
for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities.
The publicly
offered Certificates representing investors interest in the Trust are
represented by one or more physical Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company. Those publicly offered Certificates are
listed on the NYSE.
Item 6.
Selected Financial Data.
Not Applicable
Item 7.
Managements
Discussion and Analysis of Financial Condition and Results of Operation.
Not Applicable
Item 7A.
Quantitative
and Qualitative Disclosures About Market Risk.
Not Applicable
Item 8. Financial Statements and Supplementary Data.
Not Applicable
Item 9. Changes in and Disagreements With Accountants
on Accounting and Financial Disclosure.
None
Item 9A. Controls
and Procedures.
Not Applicable
Item 9A(T). Controls and Procedures.
Not Applicable
Item 9B. Other
Information.
Not Applicable
3
PART III
Item 10. Directors, Executive Officers and Corporate
Governance.
Not Applicable
Item 11.
Executive Compensation.
Not Applicable
Item 12.
Security Ownership of Certain Beneficial Owners and Management and
Related Stockholder Matters.
Not
Applicable
Item 13.
Certain Relationships and Related Transactions, and Director
Independence.
None
Item 14.
Principal Accountant Fees and Services.
Not Applicable
PART IV
Item 15.
Exhibits, Financial Statement Schedules.
(a)
The following documents have been filed
as part of this report.
1.
Trustees Distribution Statements
documented on Form 8-K regarding the distributions from the Trust to the
certificateholders for the period from January 1, 200
9
through and including December 31, 200
9
have been filed with the Securities and
Exchange Commission and are hereby incorporated by reference. Filing dates are listed below:
Trust Description
|
|
Distribution Date
|
|
Filed on
|
|
Corporate Backed Trust Certificates, American General Institutional
Capital A Capital Securities-Backed Series 2002-17 Trust
|
|
06/01/2009
12/01/2009
|
|
07/21/2009
12/09/2009
|
|
2.
None.
3.
Exhibits:
31.1 Certification by
Executive
Vice President of the Registrant
pursuant to 15 U.S.C. Section 7241, as adopted pursuant to Section 302
of the Sarbanes-Oxley Act of 2002.
31.2 Annual Compliance
Report by Trustee pursuant to 15 U.S.C. Section 7241, as adopted pursuant
to Section 302 of the Sarbanes-Oxley Act of 2002.
The trust covered by this
Annual Report was formed prior to June 30, 2003 and there is no
requirement in the trust agreement for the preparation of a report by an independent
public accountant regarding the Trustees compliance with its obligations.
(b)
See Item 15(a) above.
(c)
Not Applicable
4
SIGNATURES
Pursuant to the
requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
In preparing this report the Registrant has relied on Distribution
Statements provided to it by the Trustee.
|
Lehman ABS Corporation, as Depositor for the
|
|
Trust (the Registrant)
|
|
|
|
|
Dated:
March 31
, 20
10
|
By:
|
/s/ William
J.
Fox
|
|
Name:
|
William
J.
Fox
|
|
Title:
|
Chief Financial Officer and Executive Vice President
|
5
EXHIBIT INDEX
Reference
Number per
Item 601 of
Regulation SK
|
|
Description of Exhibits
|
|
Exhibit Number
in this Form 10-K
|
(31.1)
|
|
Certification by
Executive
Vice President of the Registrant
pursuant to 15 U.S.C. Section 7241, as adopted pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002.
|
|
31.1
|
(31.2)
|
|
Annual Compliance
Report by Trustee pursuant to 15 U.S.C. Section 7241, as adopted
pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
|
|
31.2
|
6
Lehman 6.125 AM GN A (NYSE:XFP)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Lehman 6.125 AM GN A (NYSE:XFP)
Historical Stock Chart
Von Jul 2023 bis Jul 2024