It is good news but I see nothing that says that the experts are right because we all expect this sooner or later.
So the judge ordered that all claims are dismissed and WMILT is free to distribute the money in the dispute reserve. Which means that 40M is now free to be distributed. And potentially all remaining COOP shares held in the reserve will be also distributed. Then the Escrow CUSIP will be deleted once and for all and this will conclude all discussions about its meaning. But don't worry we will get LTI instead.
So my guess now is that PIERS will be paid in Feb along with escrow getting paid with 40M first. Between now and Feb, escrow will receive LTI for 40M with the rest sent out at a later date.
Now in your post, you now concede that the judge ruled the whole thing. And POR 7 is her most important ruling. There is nothing that is outside POR 7 and WMILT. End of story.
I don’t see Walrath’s signature anywhere on this document. The date of filing is shown as 8/30/2018, the date the LT filed the motion that was heard on 10/16/2018. The last attached document, signed by a district judge, is signed in June, 2018. Where is Walrath’s signature on her bench order?