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Published on 10/3/2008 in the Prospect News Distressed Debt Daily.

Lehman's U.S. Trustee amends official committee of unsecured creditors

By Jennifer Lanning Drey

Portland, Ore., Oct. 3 - Lehman Brothers Holdings Inc.'s U.S. trustee Diana G. Adams amended the official committee of unsecured creditors for the company's Chapter 11 bankruptcy case, according to a Friday filing with the U.S. Bankruptcy Court for the Southern District of New York.

The committee now includes Stewart Hosansky of the Vanguard Group Inc., Valley Forge, Pa., and James K. Schaeffer of Aegon USA Investment Management, Cedar Rapids, Iowa.

The committee continues to include previously appointed members James J. McGinley of indenture trustee Wilmington Trust Co., New York; Gerard Facendola of the Bank of NY Mellon, New York; Edward P. Gilbert of Shinsei Bank, Ltd., Tokyo; Noel P. Purcell of Mizuho Corporate Bank, Ltd., New York; and David Yu of Metlife, Morristown, N.J..

The committee no longer includes Alan Ferguson and Michael Fabiano of the Royal Bank of Scotland plc, New York; and Daniel Pevonka of RR Donnelley & Sons, Downers Grove, Ill.

New York-based Lehman Brothers Holdings is the fourth-largest investment bank in the United States. The company filed for bankruptcy on Sept. 15. Its Chapter 11 case number is 08-13555.


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