"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."

Well not quite, that applies more to their lawyers. The courts exist to confirm that the whole process is fair to all involved, and not side with any one entity.
The most relevant item imo in this process is who represents the assets for sale, Cliffs or the creditors?
I suspect that Cliffs is the one still empowered to sell the assets as they see fit. And Yes for maximum that they can get.
Where the creditors come in is in demanding that their investment is returned from Cliffs as much as possible BUT unless the courts say that creditors are true and complete owners of those assets, the creditors should have no say in how and at what price the sale goes through.

In no way am I a legal expert, more so about Quebec's, which are mostly based on French instead of English but -

I have not seen any empowerment of the creditors by the courts that they are now owners of those assets. Until the courts do, what Cliffs says about acceptance of the sale is it. They accepted 20 million dollars and that should be final.

Creditors should have asked the court for the transfer of those assets to them before the sale was accepted by Cliffs, in short disempowering Cliffs to sell them.

As for any other parties who want in after the fact, well imho is that they should be shown the door out.

I post because am surprised and Disappointed as to how this process is proceeding, feeling that the court should approve the first Noront offer and telling all others that their arguments are not valid.

Ed.