The $700 million question here is why would Crystallex prefer to get a few million dollars over many years instead of getting $700 million over a few months by forcing its way to the funds with the help of the NY courts.

Something smells rotten here. No wonder secresy is the norm in this case.

Agreed.

Tenor gets a bigger share of the pie the more Tenor money CRY spends on lawyers and the longer this drags on (the legal 60% interest per year). Shareholders end up with zero unless something gives.