Its my sincere hope that it is a "soft" ultimatum. That is, if the deadline is reached, that Patrick will just extend it with another deadline. I think Patrick is just trying to apply some pressure to help Leo take the money in one form or another (now if that's a good idea or not...)

Of course I have no idea what Patrick will do if it comes down to the deadline but I truly hope he's not going to force some sort of resolution.