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For years LGCY operated as a Master Limited

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Legacy Reserves Inc. Files For Chapter 11 Protection To Facilitate Negotiated Financial Restructuring PR Newswire (US) - 6/18/2019 8:56:00 PM
Amended Current Report Filing (8-k/a) Edgar (US Regulatory) - 6/14/2019 12:11:55 PM
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Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/12/2019 5:04:02 PM
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Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/11/2019 7:05:18 PM
Legacy Reserves Inc. Reaches Agreement With RBL And Second Lien Lenders On Terms Of Financial Restructuring PR Newswire (US) - 6/11/2019 6:30:00 AM
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Legacy Reserves Inc. Reaches Second Forbearance Agreement With RBL And Second Lien Lenders PR Newswire (US) - 6/7/2019 9:30:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 6/6/2019 5:05:43 PM
Legacy Reserves Inc. Reaches Forbearance Agreement With RBL And Second Lien Lenders PR Newswire (US) - 6/1/2019 10:47:00 AM
Baines Creek Announces Intent to Withhold Votes at Legacy Reserves Annual Meeting to Send Strong Statement of Discontent with... PR Newswire (US) - 5/31/2019 5:30:00 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 5/31/2019 5:23:02 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/23/2019 4:13:58 PM
Proxy Statement (definitive) (def 14a) Edgar (US Regulatory) - 5/20/2019 5:12:07 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 5/10/2019 4:07:36 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/10/2019 6:07:52 AM
Legacy Reserves Inc. Announces First Quarter 2019 Results PR Newswire (US) - 5/9/2019 7:32:00 PM
Amended Current Report Filing (8-k/a) Edgar (US Regulatory) - 5/2/2019 6:06:56 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/1/2019 4:30:31 PM
Amended Annual Report (10-k/a) Edgar (US Regulatory) - 4/26/2019 5:15:46 PM
reaper247   Friday, 03/15/19 12:45:08 AM
Re: msiliezar post# 273
Post # of 719 
For years LGCY operated as a Master Limited Partnership.

Instead of shares, Legacy traded in “trust units.”

Like a royalty trust, LGCY was obligated to pay most of their profits to unit holders, leaving them with little to no cash reserves, after the $WTIC crash in late 2014.

LGCY has struggled to restructure in the last couple of years and is still carrying a lot of debt with notes coming due.

They seem to be struggling to find financing options to service the debt and notes.

Wish I could be more help.

GLTU, IMO and FWIW.


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