BioAmber Inc fka BIOAQ

[trader59]

BioAmber, Inc, is a US Company, the parent company for the Canadian subsidiaries, and is the guarantor of the debts of those subsidiaries (and, yes, if you read through the terms of the secured debts, BioAmber did guarantee them). The US court has jurisdiction over all matters of that company, and it doesn’t matter if a creditor from the US, Canada, Russia, or Timbuktu is owed money, that judge can discharge it (and the equity with it). I know there’s a desire to imply the judge can just slice up the company, slice off the debt, and leave just an empty shell instead of an empty, debt ridden shell, but it ain’t happening.