Indeed it is, insurances, and very basic removal of airport/airside access for the staff. Agree with your comments it is almost perverse that the CAA not known for its efficiency can organise an operation this size.
It seems that irrespective of the media / CAA intimating that Monarch had till midnight last night, the movement of these various aircrafts must have been actioned in the early afternoon!
Hope the staff can gain employment soon as that is a difficult task and so demoralising. However, I imagine many of the staff must have seen this coming as the company have not performed very well in recent years and have seemed to lack direction!