Storj files for chapter 11 bankruptcy?

But they are now court supervised and are undergoing a formalized legal process, so the question is if they have the money and if they still can spend it to pay thousands of SNOs worldwide with an arbitrary token.

Yes and it states:

@Dominick
Are SNOs required to enter into any kind of formal or legal process like contacting Storj or the courts to receive the payouts of the current month and will there be any delays expected in paying out SNOs for the current month or will the process be without foreseeable delays and as conducted like in the past?