The more I think about this, the more it's obvious that JMW is dead set on just ruling on the POR and getting this case off her docket. Her most recent opinion seems rather ill-thought out. She obviously rushed it, and given her tone she probably didn't care one bit about the evidence presented at trial, the law, or anything else. What she seems to want to do is force everyone into a settlement so the case goes away, and her preference is obviously slanted toward the debtor.
My money says she hopes, in the back of her mind, that Debtors, DIMEQ, and the EC come to some deal to fix the number of shares each one gets. To avoid an appeal by the LTWs, there's the carrot of them getting attorney's fees from the estate. If they appeal, well, I think we know how she'll rule...
Of course I've obviously been wrong about this case a few times now, so who really cares what I speculate.