Bankruptcy is a process to make whole the debtors - in this case the primary debtors (those representing far more than 90% of the debt) were content with the outcome. The process was approved by everyone who is a relevant party to this matter - the original owner (Jones) no longer has any say in what happens to their former assets.

Just to reiterate - the trillions number is irrelevant - it's just an initial damages claim. The judgements were for 965M and 50M - slightly over 1B in total - and the expected final award to the injured parties is likely going to be below 200k.