LEHMAN ABS CORP BACKED TRUST CERTS SER 2001-10
Item 1A. Risk Factors. - -----------------------          Not Applicable
Item 2.  Properties. - --------------------          Not Applicable
Item 4.  Submission of Matters to a Vote of Security Holders. - -------------------------------------------------------------          None                                      PART II
Item 6.  Selected Financial Data. - ---------------------------------          Not Applicable
Item 7A. Quantitative and Qualitative Disclosures About Market Risk. - --------------------------------------------------------------------          Not Applicable
Item 9.  Changes in and Disagreements With Accountants on Accounting and - ------------------------------------------------------------------------ Financial Disclosure. - ---------------------          None
Item 9B. Other Information. - ----------------------------          None                                     PART III
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Item 12. Security Ownership of Certain Beneficial Owners and Management and - --------------------------------------------------------------------------- Related Stock Matters. - ----------------------          Not Applicable
Item 14. Principal Accounting Fees and Services. - ------------------------------------------------          Not Applicable                                       PART IV
(a)  The following documents have been filed as part of this report.                1.  Trustee's Distribution Statements documented on Form 8-K                   regarding the distributions from the Trust to the                   certificateholders for the period from January 1, 2005                   through and including December 31, 2005 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, Series 2001-10 Trust                04/01/2005          04/13/2005                                                                                   10/01/2005          10/12/2005          ------------------------------------------------------------------- ---------------------- ---------------                  2.  None.                3.  Exhibits:                    31.1 - Certification by Senior 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.           (b)  See Item 15(a) above.           (c)  Not Applicable.                                         4                                         SIGNATURE          Pursuant to the requirements 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.                                         Lehman ABS Corporation, as Depositor for                                        the Trust (the "Registrant")    Dated:  March 27, 2006                 By:      /s/  CHARLES M. WEAVER                                        ----------------------------------------                                            Name:   Charles M. Weaver                                            Title:  Senior Vice President                                         5                                       EXHIBIT INDEX    - ------------------------------------------------------------------------------------------    Reference    Number per   Item 601 of                   Description of Exhibits                  Exhibit Number  Regulation SK                                                          in this Form 10-K - ------------------------------------------------------------------------------------------                           Certification by Senior Vice President of the                  Registrant pursuant to 15 U.S.C. Section 7241, as      (31.1)      adopted pursuant to Section 302 of the Sarbanes-Oxley        31.1                  Act of 2002. - ------------------------------------------------------------------------------------------                  Annual Compliance Report by Trustee pursuant to 15      (31.2)      U.S.C. Section 7241, as adopted pursuant to Section          31.2                  302 of the Sarbanes-Oxley Act of 2002. - ------------------------------------------------------------------------------------------                                          6    EX-31.1 2 efc6-0678_5818207exhibit311.txt                                                                    Exhibit 31.1                                    CERTIFICATION  I, Charles M. Weaver, certify that:      1.  I have reviewed this annual report on Form 10-K in respect of the         Corporate Backed Trust Certificates, Series 2001-10 Trust (the         "Trust") and all reports on Form 8-K containing distribution or         servicing reports of the Trust filed in respect of periods         included in the year covered by this annual report of the Trust;      2.  Based on my knowledge, the information in these reports, taken as         a whole, does not contain any untrue statement of a material fact         or omit to state a material fact necessary to make the statements         made, in light of the circumstances under which such statements         were made, not misleading as of the last day of the period covered         by this annual report;      3.  Based on my knowledge, the distribution or servicing information         required to be provided to the Depositor by the Trustee under the         pooling and servicing or similar agreement, for inclusion in these         reports is included in these reports; and      4.  I am responsible for reviewing the activities performed by the         Depositor and the Trustee under the pooling and servicing or         similar agreement and based upon my knowledge and the annual         compliance review required under that agreement, and except as         disclosed in the reports, the Depositor and Trustee have each         fulfilled its obligations under that agreement.  In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated party: U.S. Bank Trust National Association, as Trustee.  Date: March 27, 2006            /s/ CHARLES M. WEAVER - ----------------------------------------- Charles M. Weaver, Senior Vice President    EX-31.2 3 efc6-0678_5818207exhibit312.txt                                                                    Exhibit 31.2                             ANNUAL COMPLIANCE REPORT        I, David J. Kolibachuk, being an officer of U.S. Bank Trust National Association, the Trustee in respect of the Corporate Backed Trust Certificates, Series 2001-10 Trust (the "Trust"), certify that:       1.  I have reviewed this annual report on Form 10-K in respect of the          Trust and all reports on Form 8-K containing distribution or          servicing reports of the Trust filed by Lehman ABS Corporation in          respect of periods included in the year covered by this annual report          of the Trust;       2.  Based on my knowledge, the information in those reports, taken as a          whole, does not contain any untrue statement of a material fact or          omit to state a material fact necessary to make the statements made,          in light of the circumstances under which such statements were made,          not misleading as of the last day of the period covered by this          annual report;       3.  Based on my knowledge, the distribution information required to be          provided to the Depositor or the certificateholders by the Trustee          under the pooling and servicing or similar agreement for inclusion in          such distribution reports is included in such reports; and       4.  I am responsible for reviewing the activities performed by the          Trustee under the pooling and servicing or similar agreement and          based on my knowledge, except as disclosed in such reports, the          Trustee has fulfilled its obligations under that agreement.    Date: March 27, 2006           /s/ DAVID J. KOLIBACHUK - -------------------------------------- David J. Kolibachuk, Vice President     -----END PRIVACY-ENHANCED MESSAGE-----