Great analysis..I would like to add a thought to yours below..

"There is a potential problem with this whole scenario. That is the other patent portfolio owners. As of this resolution, when enforced, all other patent portfolio owners are "second class citizens". Their portfolio can not be marketed independently, but only as part of a bundle with the MMP. They may have some objection to that."

The other patent portfolio owners may have a prohibition against such activity in their MA..in which case the objection takes on a whole new status but may reflect the legal obligations of TPL with the other portfolio owners..TPL may end up fighting multiple battles on many fronts in this regard if this is the case..If they (TPL) in fact have money problems (as by all appearances it appears that they do), there may be blood in the water on their front sooner than later.