The earlier SPA had an opening for Cliffs to accept a higher bid if one should come. And a higher bid did come before the court vested the SPA. With now 2 bidders they made a new deadline for both bidders to submit new offers - they both did - and this time Noronts bid was the highest and the motion from the monitors and advisors to the judge is to vest this new and inproved offer. As i recall in this auction there is no possiblilty for new bidders to submit bids. And this is why the 4 FN s are objecting, they want time to see if they should make a bid. So there are both an agrement for the judge to vest, but also objections that could make him decide otherwise. But Edgy, you are right - the courts rolle is to ensure that the creditors is getting what is possible along with other things in bankruptcy negotiations. Lap