Tuesday, July 30, 2019 9:59:47 PM
FALSE.
BioAmber Inc. is not a guarantor of all the debts of the Canadian subsidiaries. Simply on a common sense basis this defeats one of the entire purposes of having a subsidiary to begin with!
US courts do not willy-nilly discharge debts of foreign subsidiaries! Imagine the reverse -- a foreign court discharging debts of a US Company without approval from US -- laughable!!!
BioAmber Inc. is not a guarantor of all the debts of the Canadian subsidiaries. Simply on a common sense basis this defeats one of the entire purposes of having a subsidiary to begin with!
US courts do not willy-nilly discharge debts of foreign subsidiaries! Imagine the reverse -- a foreign court discharging debts of a US Company without approval from US -- laughable!!!
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