Linqto is post-confirmation but remained pre-effectiveness as of August 27, 2026: the plan had not become effective, and litigation involving intended liquidating trustee Forge had prevented the Liquidating Trust from launching, according to the August 27 orderDkt. 2120. Following the September 8 withdrawal noticeDkt. 2128, the next material step is resolving the trustee arrangements needed to implement the plan and achieve effectiveness.