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Re: Brucebannerr post# 61356

Friday, 02/15/2019 1:22:11 PM

Friday, February 15, 2019 1:22:11 PM

Post# of 147191
Old repeated post that has nothing to do with BioAmber but instead a generic bankruptcy quote

In the event that a publicly listed company declares bankruptcy, the company's shareholders may be entitled to a portion of the liquidated assets, depending on which shares they hold and how much liquid assets are left over. However, the stock itself will become worthless, leaving shareholders unable to sell their defunct shares. Therefore, in the case of corporate bankruptcy, the only recourse is to hope there is money left over from the firm's liquidated assets to pay the shareholders.


Only links and documents from PWC or the US courts are relevant to BioAmber's current CCAA proceedings and restructuring...

https://www.pwc.com/ca/en/services/insolvency-assignments/bioamber.html

https://www.pacermonitor.com/case/24653251/BioAmber_Inc_and_BioAmber_Inc

Here is all of the documents including the ones that are no longer linked on PWC's website like the Service Lists's...

May 11, 2018 NOI Notice to Creditors_EN_Bioamber Canada_2018-05-10
May 11, 2018 NOI Notice to Creditors_EN_Bioamber Sarnia_2018-05-10
May 28, 2018 Initial Order
May 28, 2018 Service List - Attorneys for Mitsubish Chemical Corp & Mitsui(secured creditor) but no Cargill Reverdia or DSM or Norton Fulbright
May 31, 2018 Creditors List - Mitsubishi Chemical Corp Unsecured creditor 294,360.47 CAD
June 6, 2018 Motion for the issuance of an initial order under CCAA - Contractual obligations/commitments
June 7, 2018 First report of the Monitor ** Includes Nexant Sarnia Plant Valuation ** - Section 2 Pg 13 DuraBio/Pg. 14 PTTMCC is a JV between PTT and MCC
June 7, 2018 Second report of the Monitor - MCC on creditors list included (unsecured)
June 18, 2018 Motion for approval of interim financing, extension of the stay of proceedings and other
June 18, 2018 Amended and Restated Initial Order - Pg. 24 MCC on list that order is emailed to w/BIOA,pwc,DIP and secureds-prior to SISP
June 21, 2018 Updated Service List ** SISP has started and DSM is added to the Service List, Luc Morin** - Attorneys for MCC, DSM, Ingredion and Mitsui(secured creditor)
July 9, 2018 Updated Service List - Attorneys for Mitsubish Chemical Corp, DSM, Ingredion and Mitsui(secured creditor)
July 18, 2018 Motion for approval of KERP and issuance of a second amended and restated initial order - Prospective Bidder and Prospective Purchaser in KERP
July 18, 2018 N/A **Third report of the Monitor with leaked Qualified Bidders** - PTT and Greenfield Leaked only 2 of 7 LOI's recieved - never on a service list
July 18, 2018 Updated Service List - Attorneys for MCC, DSM, Ingredion, Davies and Mitsui(secured creditor)
July 19, 2018 Third report of the Monitor - 7 LOI's only 2 were leaked (1 Financial, 5 Strategic, 1 liquidator-point 13 in report) PTT Pulls bid after leak
July 19, 2018 Second amended and restated Initial Order - no emails included on this Order; unlike previous Order
July 26, 2018 Updated Service List - Attorneys for MCC, DSM, Ingredion and Mitsui(secured creditor)
July 31, 2018 Updated Service List - Attorneys for MCC, DSM, Ingredion and Mitsui(secured creditor)
August 1, 2018 Motion for the extension of the stay of proceedings ** No Acceptable offer from Qualifed Bidders ** - No emails on Motion
August 1, 2018 Fourth report of the Monitor - MCC, PTT, DSM and LCY listed as strategic buyers w/many others-no Visolis
August 1, 2018 Third amended and restated Initial Order ** PWC extended powers, SISP in "Liquidation Scenario"** - Pg. 24 MCC on list that order is emailed to w/BIOA,pwc,DIP and secureds
August 29, 2018 Motion for the extension of the stay of proceedings ** Missing from PWC's website since Motion, ADDED FEB 14,2019 **11 offers-2 by strategic buyers for the Business as a Whole"
August 29, 2018 Fifth report of the Monitor - no mention
August 29, 2018 Order for the extension of the Stay of proceedings - no emails included on order
September 4, 2018 Updated Service List - Attorneys for MCC, DSM, Ingredion and Mitsui(secured creditor), Cargill and Davies
September 14, 2018 Motion for the extension of the Stay of proceedings - emailed to service list and Arlanxeo/Kugler Kandestine(BK restructuring cross border attorneys)
September 14, 2018 Motion for the issuance of an Approval and Vesting Order ** For the Sale of Assets only, no contracts, cash or liabilites** - "best interest of all the Petitioners' stakeholders"
September 17, 2018 Sixth Report of the Monitor - no mention
September 19, 2018 Order for the extension of the Stay of proceedings - no emails included on order
September 19, 2018 Order approving the Visolis Transaction - attorneys for BIOA, PWC and Purchaser (Norton Fulbright)
September 24, 2018 Motion for the Assignement of an Agreement ** Reverdia STA Agreement ** - emailed to service list and Reverdia
October 4, 2018 Updated Service List - Attorneys for MCC, ***Newco replaces DSM w/same attorney***, Ingredion and Mitsui(secured creditor), Cargill and Davies
October 10, 2018 US order authorizing Visolis transaction - US Motion for this order served on MCC(not as a creditor), Mitsui(listed as creditor and listed again in general) - no DSM or Newco
October 17, 2018 Updated Service List - Attorneys for MCC, Newco replaces DSM w/same attorney, Ingredion and Mitsui(secured creditor), Cargill and Davies
October 22, 2018 Motion for the extension of the stay of proceedings - emailed to the service list
October 23, 2018 Seventh Report of the Monitor - no mention - Forecast does not include cash flows from sale transactions outside of the ordinary course/US order says Sale outside ordinary course
October 24, 2018 Updated Service List - Attorneys for MCC, Newco replaces DSM w/same attorney, Ingredion and Mitsui(secured creditor), Cargill and Davies
October 25, 2018 Monitor's Sixth report to the Court final with apprendices - no mention
October 26, 2018 Supplementary Report to the Seventh Report of the Monitor - Crane Letters
October 29, 2018 Order for the extension of the Stay of proceedings - no emails included on order
October 30, 2018 Updated Service List - Attorneys for MCC, Newco replaces DSM w/same attorney, Ingredion and Mitsui(secured creditor), Cargill and Davies
December 7, 2018 Sixth report of the Monitor (including previously sealed appendices) - no mention
December 13, 2018 Motion for directions to authorize the Monitor to proceed with interim distributions ** $2 Million to Comerica, additional $1.5+ in future ** - Mitsui as secured Creditor/emailed to service list
December 13, 2018 Eighth report of the Monitor - all amounts owing that are subject to the KERP charge have now been paid
December 17, 2018 Judgment on the motion for directions to authorize interim distributions - no emails included on judgement
January 3, 2019 Motion for the extension of the stay of proceedings - emailed to service list
December 18, 2018 Updated Service List - Attorneys for MCC, Newco replaces DSM w/same attorney, Ingredion and Mitsui(secured creditor), Cargill and Davies
January 3, 2019 Ninth report of the Monitor - "sale of the Company"/opening bank accounts useful to the Compnay's operations/sale of the Company's operations to Visolis and LCY/
January 8, 2019 Order for the extension of the Stay of proceedings ** Until March 15, 2019 ** - no emails listed
February 8, 2019 Tenth report of the Monitor - "No value in CCAA proceedings"
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