I could be misremembering but wasn't the LT willing to pay the claims but the FDIC intervened and objected, thereby scuttling any resolution?
Also, the insolvency you referred to was back in 2008 which led to the seizure of WMB correct???
What is at issue is whether there was a Change in Control, since that event would have contractually triggered the parachute payments to those employees.
I believe the hearing on the CIC issue is scheduled for February, 2019.