Bonding doesn't mean they ONLY have to pay that million though. That means only that they would have to pay 1M to release the lockdown of property sales. The insurance company just insures that if the company disappears (eg. bankruptcy) the debtors still get their payout. It's an extra million they'd probably rather not spend but it's a small price to pay. The question if the insurance company wants to guarantee their debt though is something else. The fact that they've been selling and reducing costs are all the telltale signs of a company in trouble (in the business world), if the insurance company deems it's too big a risk to take (bonding this amount for ~5 years in court given the last 5 years of massive reductions at the WTBTS) they might still not have a solution.
Off course, we'll have to see where this goes but I'm glad they have been smacked down greatly. It's a small victory but hopefully these cases will spread like gangrene the way Conti imagined it would and the way it has been in the RCC.