In re Linn Energy, LLC

MEMORANDUM OPINION

DAVID R. JONES, UNITED STATES BANKRUPTCY JUDGE

The final question presented in connection with the Court’s confirmation of two complex and heavily negotiated plans in these jointly administered cases is relatively simple—are the Debtors’ secured lenders entitled to payment of postpetition default interest? The Debtors’ secured lenders assert that the terms of the two confirmed plans unambiguously allow for the payment of postpetition default interest as provided for in the relevant credit agreements between the parties. The Debtors and two groups of noteholders assert that…