Good to see you, too!
Yes, most likely good will on the asset side, and the full value on the debt side, some of which has probably already been written down.
As always, there are bound to be bounce plays here, but I doubt whether commons will survive, given the financials. Also, it looks like they're trying to get the judge to agree to bonuses for executives/key employees, so the spending hasn't stopped.
Of course, its happening here in DE, and I may go to a hearing or two to get a better feel...