**UNITED        STATES**

**SECURITIES        AND EXCHANGE COMMISSION**

**WASHINGTON,        D.C. 20549**

**____**

**FORM        10-K/A**

**(Amendment        No. 1)**

**FOR        ANNUAL AND TRANSITION REPORTS**

**PURSUANT        TO SECTIONS 13 OR 15(d) OF THE**

**SECURITIES        EXCHANGE ACT OF 1934**

| x | ANNUAL                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE                  SECURITIES |
|---|---------------------------------------------------------------------------------------------------|

|   | EXCHANGE                  ACT OF 1934 |
|--------|---------------------------------------|

|   | For                  the fiscal year ended December 31,                  2006 |
|--------|-------------------------------------------------------------------------------|

| o | TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE                  SECURI- |
|---|----------------------------------------------------------------------------------------------------|

|   | TIES                  EXCHANGE ACT OF 1934 |
|--------|--------------------------------------------|

|   | For                  the transition period from ________ to                  ________ |
|--------|---------------------------------------------------------------------------------------|

| Corporate                      Backed Trust Certificates, Motorola Debenture-Backed Series                      2002-14                      Trust |
|----------------------------------------------------------------------------------------------------------------------------------------------------|
| (Exact                  Name of Registrant as Specified in Its Charter)                                                                            |
|                                                                                                                                               |

|                                                                            |   |                                                  |
|---------------------------------------------------------------------------------|--------|-------------------------------------------------------|
| Delaware                                                                        |   | 13-3447441                                            |
| (State                  or other jurisdiction of incorporation or organization) |   | (I.R.S.                  Employer Identification No.) |
|                                                                            |   |                                                  |
| 745                  Seventh Avenue, New York, New York                         |   | 10019                                            |
| (Address                  of principal executive offices)                       |   | (Zip                  Code)                           |   |
|                                                                            |   |                                                  |   |

| Title                  of Class                                                                                                                    | Name                  of Registered Exchange                             |
|----------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------|
|                                                                                                                                               |                                                                     |
| Corporate                      Backed Trust Certificates, Motorola Debenture-Backed Series                      2002-14                      Trust | New                  York  Stock Exchange (“NYSE”) |
|                                                                                                                                               |                                                                     |
| Securities                  registered pursuant to Section 12(g) of the                  Act:  None                                      |                                                                     |

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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.

State        the        aggregate market value of the voting and non-voting common equity held by        non-affiliates 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 registrant’s most recently completed second fiscal        quarter:

|   | The                  registrant has no voting stock or class of common stock that is                  held by                  non-affiliates. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

**Explanatory        Note**

*http://www.sec.gov/divisions/corpfin/8124cert.htm*

**DOCUMENTS        INCORPORATED BY REFERENCE**

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**PART        IV**

|   | 1. | None. |
|--------|----|-------|

|   | 2. | None. |
|--------|----|-------|

|   | 3. | Exhibits: |
|--------|----|-----------|

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**SIGNATURES**

|                                                   | Lehman                  ABS Corporation, as Depositor for theTrust                  (the “Registrant”) |                                      |
|--------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------|-------------------------------------------|
|                                                   |                                                                                                               |                                      |   |
| Dated:                    September 19, 2007 | By:                                                                                                                | /s/ Charles                M. Weaver |   |
|                                                   | Name:                 Charles M. Weaver                                                                       |                                      |
|                                                   | Title:                 Senior Vice President                                                                  |                                      |
|                                                   |                                                                                                               |                                      |   |

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**EXHIBIT        INDEX**

| **Reference****Number                  per****Item                  601 of****Regulation                  SK**  | **Description                  of Exhibits**                                                                                                                                                                                                       | **Exhibit                  Number****in                  this Form 10-K**  |
|----------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|
| (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. | 31.1                                                                            |

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