The debtors are following the plan to the t when it comes to senior debt and equity interest.
However, when it comes to TPS, the action will not start until the $53.5B BK payment plan is paid in full. The BNYM will need to assert its indenture rights.
The sub note to the CT are in a liquidating trust for creditor debt/claims.
Equity interest is in another liquidating trust for the plan trust.