On the last paragraph, I would note that the settlement isn’t effective unless and until approved by the court (although such approval is extremely likely). Most likely, the lawyers will urge radio silence until the time to appeal the bankruptcy judge’s order to the district judge has passed (generally 14 days, see Bankruptcy Rule 8002 for exceptions). An appeal would be very unlikely in my opinion.
On the last paragraph, I would note that the settlement isn’t effective unless and until approved by the court (although such approval is extremely likely). Most likely, the lawyers will urge radio silence until the time to appeal the bankruptcy judge’s order to the district judge has passed (generally 14 days, see Bankruptcy Rule 8002 for exceptions). An appeal would be very unlikely in my opinion.