Lehman Brothers Financial SA (LEHNQ)

[Vincentius]

it looks like the US Trustee did make a mistake when objecting to money flowing from senior to junior creditors

in the objection summary section for the Trustee, pg 22/61

the debtor summarizes the trustee's objection,
"6. The justification for the plan adjustments and the automatic reallocations of distributions, among others, from senior creditors to junior creditors;"

and the debtors response,
"6. This is a confirmation objection that should be deferred to the confirmation hearing. See Debtors’ Response ¶¶ 5 – 9. In addition, the Plan does not provide for reallocations of distributions from senior to junior creditors"