Windstream Holdings Inc. (fka WINMQ)

[linda1]

The Debtors only mention that they will
Litigate for a recharacterization of the MLA
from a Lease to a Financial Loan.


This would stop the MLA payments while WIN is
in bankruptcy, and likely all MLA payments made
to UNITI while WIN was in bankruptcy would
have to be paid back - which would benefit the UCs.


The UCs want more than this and want in
addition to Litigation for Fraudulent Transfer, and
if won, $ Billions of Assets would be returned
to WIN and the MLA dissolved - which would
be a Windfall for the Commons:


“ Fraudulent Transfer Claims

Claims and related causes of action
against Uniti to avoid and recover the
Transferred Assets (or the value thereof)
as actual and/or constructive fraudulent
transfers under sections 544(b)(1)
and 550(a) of the Bankruptcy Code and
applicable state law. “


The UCs’ Arguments are getting better
and sharper as their Attorneys gain
more info and knowledge of the various
documents and emails attached to the Spin Off.


https://www.kccllc.net/windstream/document/1922312190712000000000058