Humanigen has no SECURE LOANS. All the creditor claims are unsecured creditor claims and 75% of the creditor claims is 'disputed' Humanigen didn't even have to auction or sell any of it's assets unlike a chapter 11 SECURE CREDITORS in chapter can own the assets and own the equity since it was put up for COLLATERAL.
this was actually a chapter 7 in execution which humanigen the creditor was not obligated to sell or auction anything.