There’s a thread for Uniti investors on seekingalpha.com where a poster by the handle of “Wyco Researcher” posts his observations from yesterday’s hearings in bankruptcy court:
https://seekingalpha.com/article/4322759-windstream-and-uniti-group-are-finally-headed-to-trial
He made his original long post at the top of the page before the hearing; it’s his observations during and after the hearing that are interesting.
There’s a lot of arguing back and forth about all of this among seekingalpha regulars. They use bigger words and better spelling than folks here. On the other hand, they are much longer-winded. The legal technicalities are pretty confusing, at least to me. People on that site have strong opinions but I’m not sure they’re any more knowledgeable than I am - just more c—sure.
Still, I think it’s worth a _skim_, especially Wyco’s direct observations. (Some were made real time in the court room and are typo-filled).
Settlement talks are heating up between both parties and there are links to negotiating positions they’ve taken.
If no settlement is reached, the trial on the Uniti lease’s validity will be in March.