That scenario is indeed possible, but based on Judge Mary's eagerness to get this settled, I highly doubt it will take that long. She wants this over soon and will probably make some rulings that will accelerate a deal. Just MHO.
What is more likely is that this judge pushes a lot harder to end this and as a result of her written ruling, the path is very clear to a final Plan of Reorganization that is acceptable and finally accepted in March.
Myadad- I enjoyed reading your views. Even as an optomist, with WaMu, Im expecting the worst. I rather prepare myself for sept than be let down this spring.