I still believe the problem for shareholders isn't the court but Carter and Chanbond.
Carter had many opportunities to cure the delinquencies and avoid suspension and revocation but chose not to - this makes it much easier to cut shareholders out.
UOIP still owes Chanbond $5 million - all Carter has to do is not pay the $5 million and UOIP doesn't own Chanbond.
There is absolutely no reason for Chanbond and Carter to share the wealth if there is a settlement.