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Re: Greenvestments post# 82978

Friday, 08/23/2019 3:54:40 PM

Friday, August 23, 2019 3:54:40 PM

Post# of 145206
Wow all you have to do is read the rest of that statement from the judge . He states very plainly why it cant and wont be restructured .
I believe its something like insolvent debt ridden empty shell.

[71] With respect to maintaining the CCAA proceedings, the Court cannot Ignore that there is no longer any need or chance of restructuring BioAmber as the three corporations no longer have any tangible assets left nor any funds available to resume their operations and production of the products needed by Vinmar. without forgetting that all of their officers and directors have resigned since August 31'“, 2018

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