I don't know what the BK order says. Perhaps JJSeabrook can access a copy.
If the court placed a holding period on the stock, it's still exempt from registration. Once the holding period (if any) is over, they can start selling into the float w/o informing the public ahead of time if they want.
----- "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." -- Warren Buffett