Lol link or source to the madeup statement??
Haha wow, why would the US courts recognize the CCAA proceedings and then waste more time and do it all again in the US hahahha
3 separate companiess
The US cannot discharge Canadian debt on Canadian companies ahahhaha
All secured debt is on Sarnia, prove it wrong!!
Its a foreign subsidiary
CHAPTER 11 DISMISSED and terminated in June
CHAPTER 15 GRANTED CCAA as the Main proceeding in June.
THE INITIAL SISP WAS IN JUNE. It was for the Business as a whole aka all 3 companies....
We are still under CCAA
Bioamber Inc USA is what shareholders own and has no debt, along with valuable licensing agreements and massive NOL's
BioAmber is currently in the midst of a complex restructuring through the Companies' Creditors Arrangement Act.
NOT BANKRUPTCY