KRY_Chaser, there is a pending motion in the court whereby the remaining Top Six creditors (maybe others) asked that the litigation continue IF Crystallex agrees to a settlement. I don't know how the federal and state laws work regarding this but you seem to think the litigation does stop. Hopefully not. I haven't seen a ruling from the judge yet.
Between KRY's case and COF's first two cases, that is only a few billion dollars. VZ could possibly manage that.
COF's big case - the one for over $10 billion - just reached Step 5, I think (if even that) which puts them near the end of the list of current creditors.
If the sales process continues unimpeded, there is should be enough proceeds from selling the whole of Citgo to satisfy at least the first dozen or so creditors currently at Step 5 based on the $13 billion valuation people have been throwing around.
