No, there's no reorganization nor other transaction that will provide shareholders with any recovery once the bankruptcy proceedings are complete.
"The company retained some of its contractual rights following the Visolis transaction, as the purchaser did not force the assignment of contracts of the company as part of that transaction..."
Those contractual rights were the right to use the methods and processes of the companies named in that paragraph to make the corn sludge in exchange for royalty payments. The purchaser could have had those rights assigned to them as part of the purchase, but declined. The monitor is only saying they're going to see if those "rights for royalties" have any value to anybody else. If they had significant value, the purchaser would already have them, and it is once again false and misleading to suggest there's a major transaction in the works as a result of those "rights." If they had significant value, the monitor would be far more excited than they were in the whole of that last sentence.
