BioAmber Inc (fka BIOAQ)

[1manband]

that would mean a plant that cost $140 million dollars alone sold for less than $4.3M.

Yes, it does. That is how things work in bankruptcy.

Find me a judge in either Canada or the US that would approve that kind of deal?

Every single one of them. The judge has absolutely no say in the price of the sale of the assets, as long as the process was fair and adheres to the law. Which PwC has proven was the case.

There is no question the sale price of $4,340,000 will be approved. That is the market value of the assets. There was no one else willing to pay more under the CCAA process.