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re: Linn Energy Question

Posted on 5/1/16 at 3:14 pm to
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12581 posts
Posted on 5/1/16 at 3:14 pm to
You don't understand.. you will owe money.. the shareholders will have to pay the debt..
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10246 posts
Posted on 5/1/16 at 4:38 pm to
Limited partners will have a tax consequence for forgiven debt.

Wouldn't their share of the debt be limited though?
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