Replies to post #62 on LL&E Royalty Trust (fka LRTR)

[mrholty]

Thank you for sharing the links to the lawsuits. I've just gotten into and it looks like I have some light reading primarily on the Harris County website. Thank you.

General update - joint MTD / nonsuit was just filed in TX, indicating terms have been finalized. It's really happening people (it took twice as long as they told the BK judge it would).

Very interesting. Wonder when we are going to get a look at the terms. so it would appear that there are still multiple hurdles.
1. Assume the trust (or does Robert Parson as Trustee of the trust) simply distribute the proceeds less legal fees or is there something else? I agree with you on somehow pooling shares.