The bankruptcy court itself must still approve the transfer of jurisdiction, but the decision in the link above was a major hurdle that has now been overcome.
p.s. I can read only the first few sentences of the above article b/c it the full article is available only through a WSJ Pro subscription. Still, I can see enough of the article to understand what it all means.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”