I am also wondering what the next steps are.
I don't understand the judge's comment about the racketeering charge either.
I remember reading in some other court filing that "fraudulent conveyance" - if there is some money recovered from that, for some legal reason it only can go to creditors and not common shareholders. So the judge ruled that since the creditors are already getting their money back, there's no reason to pursue that charge. I don't know about this logic, seems like if money was recovered from that, it could be used to pay the creditors and that would leave more money left for the common shareholders.
The judge seemed to primarily be focused on not jeopardizing the money being paid out to creditors. This is in line with his previous comment about common shareholders being lucky they are getting anything back.
I am curious to see what happens next, now that they have standing on the other charges.