There have been several lawsuits, so without knowing which one you're referring to, no way for me to know the outcome.
I do believe that BLVT has a real problem if BTOS is not sold, they need to be able to move on or BK is a real possibility.
The information I gave you yesterday, with step by step login procedures is the only active suit I know of, and you can find the summary judgement ordered by the Judge.