yes, at least temporarily. IRS won't put anyone in jail that is paying back taxes as they can't pay from jail, and it's all about the money, not justice. Now, if they default again (not sure why the new owners would give a rat's patute, but that raises another subject), then it's off to the land of orange jumpsuits.
Remember, it's been all about keeping them out of jail and the IRS away from their [personal] money. Under SOX, they can garnish personal assets of directors who act with such disregard.