Minor Manor is quick to blame and be judgmental himself but forgets that it was his fearless brother and the inept creditors committee that hired all the lawyers (that didn't know jack shit about process or business), who kept HF from making any sales when they could, and who hired the CRO who spent all the money along with the lawyers. How can you possibly blame "management" who generically and specifically don't even exist anymore (as if they ever did)? When do the creditors get to claim suits against the creditors committee for such a nonsensical waste of taxpayer monies to pay a bunch of legal and administrative expenses and screw all of us creditors? Or is the assumption that some angry bunch of "we don't know anything but how to play online all day complaining" guys going to bid on the claim against Eddie and Simon in order to pay the creditors with the pittance they get out of that?
Management hired two sets of lawyers. Those were the morons that ran this company into the ground for the last six months refusing to do anything.
But to the point you seem concerned about. The winner of the auction for the claims against management OWNS those claims. Whatever funds are recovered from the two of them ONLY goes to the bidder....
Nothing goes to the estate other than the amount bid.