Sounds like a settlement was probably reached containing a confidentiality clause, which may be why nothing further was heard.
What I'm more interested in is the Stendel relegation clause. It is reported that it could be triggered by either Hearts or Stendel.
On the face of his comments last week, I'd be surprised if it was Stendel. Difficult to say for certain without seeing the wording of the clause, but if Hearts were to win their court case and suddenly were no longer relegated, I wonder if they may then need to effectively put Stendel on gardening leave given Neilson's appointment? By my calculation Stendel had circa 18 months remaining on his contract.