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In going for a settlement rather than a trial, Mr Spitzer has spared the insurer the uncertainty of facing a jury and the possibility of embarrassing testimony.
(Another major corporate breakup -- of AT&T in 1984 -- resulted from of an out-of-court settlement rather than a court-ordered remedy).
So any resolution short of that point will have to come from a settlement rather than a judicial decision about whether the evidence is sufficient to prove a violation.
All of the MAC cases have been ultimately resolved through settlement rather than a determinative judicial judgment, though one difference has been that only a few deals, such as Accredited Home Lenders/Lone Star, have actually been renegotiated at a lower price; most have settled for a payment by the buyer to the seller, with deal itself being terminated.
The outcome is likely to be a settlement, rather than a court showdown, mostly because of the long roster of defendants.
Jim Allister, leader of the Traditional Unionist Voice (TUV), said those loose ends were deliberate, aimed at conning the loyalists into believing they had signed up to a settlement rather than a process.
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At a news conference on Tuesday in Brooklyn, Mr. Breuer defended the decision to opt for a settlement, rather than seeking an indictment against the bank, calling the action "a very just, very real and very powerful result".
The country's resources were not fed into numerous provincial towns but instead were concentrated to great effect around the capital itself a dispersed string of settlements rather than a city and focused on the central figure in society, the king.
In the end, Standard Chartered has decided to pay a hefty settlement rather than risk an embarrassing and prolonged showdown, even though it had rejected Mr Lawsky's accusations as a deliberate misunderstanding of normal bank processes.
"My sense is that the regime is trying to advance enough to dictate the terms of a political settlement rather than secure an outright military victory," said Julien Barnes-Dacey of the European Council on Foreign Relations.
"I think what Chief Judge Kaye is trying to do is prod the governor and the Legislature into once again working out an agreed-upon settlement rather than fight an unseemly battle in the courtroom," said Kenneth Feinberg, Governor Cuomo's lawyer in 1991, on Thursday.
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Justyna Jupowicz-Kozak
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