Stupid.
AN as we knew it is gone. Therefore, staff are entitled to opt for redundancy if they are offered a position that has differed from their original award entitlements. The new owners will want all long term staff to go as they are the greatest liabilities. If they go now, the new owners can say; "Sorry, not enough in the kitty, but here's 40 cents in the dollar for you." Then they get rid of big liabilities and only have staff who've been there a couple of years, & hence, cheaper.
As with QF, no they can't do much right. Its basically catch 22 for them. But I think it would be interesting to see the exact role they played in this fiasco...