Lehman Brothers Financial SA (LEHNQ)

[TheBIGOne]

What are everyone's thoughts on this. I discovered another current bankruptcy proceeding in which US Bank as Indenture Trustee filed an objection with the court on behalf of the junior 'subordinated' noteholders to ask them to be re-classified as general unsecured creditors. It appears that this may very well happen since the respondent didn't object to that part of their objection in their reply, only to paying US Bank's administrative fees. Why isn't our trustee - US Bankcorp or BNY Mellon filing a similar claim on our behalfs, and even if they didn't click the guarantee box, I have seen other cases where the language of the prospectus an it's guarantee took precedent over whether the trustee accurately checked the 'guarantee' box or not.

The case I am looking at is (I have related documents, but don't see a way to post them here very easily):

In re: DAYTON SUPERIOR CORPORATION, Debtor.United States Bankruptcy Court, D. Delaware.