I'm not up on what can/cannot be discharged in bankruptcy, well as far as state or federal tax liabilities are concerned. But if those liabilities can be discharged then I can see why this step was taken. I'm confident we'll all hear something this week, hopefully in the early part of the week and not later.
Keep in mind another poster mentioned that "Q's" sometimes rocket. Like QS**Q which went from .0007 to .047 then up to .57, so who knows. I guess we can all just sit tight until we hear something either way. I'm hoping for positive reasoning.