enumerate what are your thoughts, page-17

>So we BNBG holders are the ones with the power to decide whether or not the banks can have their sweet deal.

Exactly right.

There are many interesting ideas:

1) BNBG Trustee could file an injunction to stop the deal. The terms of the banker deal state that no interest will be payable on the BNBGs. This is clearly against the interest of BNB holders - BNB directors cannot agree to this, based on the BNBG trust deed.

2) The BNBG Trustee could sue the BNBG directors for damages. Clearly directors are illegally agreeing to the interest payment constraint imposed by the banks, directly against the terms of the trust deed.

3) I would love to figure out a way to sue the banks for damages - get a high court to agree to imposing administration on BNB and BBIPL and having the BNBG debt rank ahead of the bank loans, by court direction.

4) There must be some rights in insolvency statue to prevent a dominant creditor from denying other creditors rights under an administration process.