These are good updates Gaccha, you seem well informed. The company is certainly keeping infuriatingly tight-lipped about every aspect of this fiasco.
I'll clarify your summary further by adding that the court hearing on the 30th is to sanction the scheme of arrangement creditor agreement, which makes legally binding the repayment agreement with all creditors - they will be paid back in full but cannot sue or seek any other compensation for the loss of access to their funds. This court sanctioning of the agreement is the final condition for the purchase deal going ahead and while nothing can ever be certain it seems highly unlikely the court will reject it.
ZM also seeks a 3 week extension to the moratorium to file all necessary paperwork and administrative finalisation of the arrangement, after which the last remaining obstacle to the deal's completion will be met. Again, it seems highly unlikely the court will reject this.
If all goes well - and there are no obvious reasons why it wouldn't, especially this far in - it looks like creditors (like myself, and presumably yourself) should be made whole in around a month from now.
