It reminds me of a case where after a blow up in the convertible bonds space around 2006, the firm decided to wind the fund down. They told employees there would be no bonuses, just wind down, and leave. So one guy sold his portfolio at bargain basement prices to his favorite brokers. He then had lots of credit in the favor bank, and was able to land a great job at a new firm, which since then has done very well.
Another fun story is when Niederhoffer blew up in 1997. As the fund was being liquidated, the agent for the liquidation with no skin in the game went to the pit to close out a large amount of eurodollar positions. Everyone knew he was going one way, and when he asked a price, they all stopped and looked at each other, silent. Eventually he sold his positions at such a low price, it was the best day ever for at least one firm there. The liquidator did not act in the investor's best interest, but he was not incented to.
When someone is in charge of a lot money, if you take away direct incentives, they will game the system indirectly. It's foolish to think people in charge liquidating hundreds of millions of dollars will do this without simply giving away stuff to people that can (and will!) be helpful to them later. Navigating the favor bank is part of life, and people act in the self interest.