Yup. No way in hell they'd file DURING the exchange....although this management team is so incompetent I wouldn't put anything past their ability to produce another colossal fumble.
For example, if LINN seeks protection under Chapter 11 of the U.S. Bankruptcy Code in May, some amount of CODI may arise upon the closing of the transactions contemplated in the Settlement Agreement (the timing of which is uncertain). However, a more substantial amount of CODI may also arise at the time a plan of reorganization is consummated. Therefore, LINN unitholders that exchange during the subsequent offering period will continue to avoid future allocations of CODI to the extent such CODI arises in calendar months following any settlement of LINN units made during the subsequent offering period.
Ellis has another 4 weeks of take the money and run!
Well no #$%$ Sherlock. This had been the Saudi's plan since this massacre started.
Blah blah blah. I wish there was a way I could block Opinions and all those in his/her circle to cease this constant #$%$
Management has made it clear they have zero intention of buying up debt or even paying existing interest payments on debt. In fact, the ONLY thing management is doing is lining their pockets with as much cash as they can steal. Jmho