administrator says abc learning owes $1.6bn, page-2

I am still at loss about a few things...

Where has the money from the US Sales and UK Sales gone?....and would the 1.6bil be AFTER those sales?

Does the company have any chance of being still around, if it sold off the rest of the US and UK, and some AUS centres?

And it says in the news on the 1.6bil, that there is a case against the company by MS, ....Didn't MS buy the US Centres? Or did they not Pay? or is it totally different.