Great news for the employees & customers - disgraceful they were ever put through this.
The Monarch press release talks about extending the ATOL license, which I took to mean for 12 months. The CAA talks of only 12 days however.
It seems Greybull coughed up with a full 4 hours to spare, and hopefully new backers and a new management team will come on board to professionalise this shambles.