Liability to CDCOR holders listed 6/30/08 = 16.8M/148.4M = 11.3 cents (doesn't include 2.8 cent payment).
Liability is probably understated as book equity on 6/30 is more like 64.9M without CDCOR liability (also doesn't include 2.8 cent payment). Knock off 10M for windup expenses (which seems awfully high) and you end up with 55M * 37% = 20M or 13.7 cents.
Any win in the litigation trust is a bonus as CDCO must pay 59% of any win to CDCOR holders. The lit trust is suing for over 80M, but unlikely to realize any more than 10% of that or so after all expenses. Every 5M payout would mean a 2 cent bonus for CDCOR.
So buy CDCOR today for 10 cents, get 2.8 back in a month, and double your money from there in a year or two.
Conversly CDCO is probably a sale with 35M over 4M shares with the small risk of a big lit trust liability.