The judge did NOT say she believed the contracts had any value. I believe it was clear she believed they had no value. She did acknowledge that there was a set of lawyers who were asserting that the contracts appeared to have substantial value. Now if there was anyone who agreed with them, they would have bid on the company so they could assume those contracts practically for free, but no one did. And, of course, it was the duty and obligation to report any and all bids, and we all have seen and quoted ad naseum from the 11 offers they received, with the top one being 4.34M.
And again, if the contracts were worth 100M, why did the company go bankrupt?
