There are two scenarios that could leave us holding bags: if Carter cuts a deal, we won't have any recourse but to chase. If it goes to trial and Cox pays, Carter can disperse the funds according to the waterfall he created, which would leave us holding bags given the amount they owe, then proceed to the next case, do the same, which would leave us still holding bags. If he settles each case separately, and disburses funds each time -- pays the lawyers, Bentham, himself and CBV, and uses UOIP funds for "costs" each time, we will still be left holding bags.