This plan has to get the judges approval so I don't know specifics. and he could give us a lot or little. The thought is it will be significant based off of current assets.
"The common unit holders could very well receive a significant chunk of the New Equity like the bankruptcy of UPL where equity holders received 41% of the New Equity of UPL with UPL having $2000M of debt at emergence. UPL has 149000 net acres. Vanguard has 805000 net acres and is planning to emerge with $930M of net debt. It makes little sense to me that VNRSQ holders would get only out-of-the-money warrants."
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