that is how bankruptcy chapter 11 works. after all the assets are sold any if any money is paid to the creditors, in this case, there is no money to pay anyone. less than 1 million so that 40 million 'fake liability' against the assets get nothing as all the money is in some 'trust' fund. funds in at trust are impossible to get out without the approval of the trustee. trust fund have a charter saying how the money is paid out too. but that is if the trustee can be trusted. lots of trust funds, the trustee bills the trust fund like percentage of value of assets or annual 'management fee' and sometimes the management fee is so high after a few years, there is no money in the fund. there is less than $500,000 in the fund if the trustee is billing the fund $200,000/year, plus trust fund expenses all the money is gone in a year.