I am not sure the nuance you are getting at with "voluntary bankruptcy". All it really means is they sought protection prior to getting to a point where they cannot pay bills and it gets really messy. It certainly does not mean that they were a solvent going concern with prospects going forward. If that were the case, bankruptcy protection would not be granted.
The company was liquidated and for all intents and purposes is "dead". But technically it still exists on paper as a shell without any assets or any employees to file windup paperwork. I can see this aspect here has caused a lot of confusion and given false hope, unfortunately.
Now, trader59 has just posted proof that the A/R has been collected. Why go back to it in the face of such definitive evidence?
Creditors are stiffed, and have already written off the remainder of their positions.
Why are you posting a salesy except of a bid as better evidence than Monitor reports as to the fate of the company? The gist of your excerpt is, sell us the assets, we think we can make a better go of using the assets to make a profit than you did going bankrupt, and further, while we do that as a new going concern, the remaining crumbs to you can be increased because we will collect such A/R and dispose such assets in a non-distressed scenario. This ultimately wasn't believed by the Monitor, nor the secured creditors, as they rejected this.
