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Re: 1manband post# 118519

Thursday, 08/05/2021 12:59:03 AM

Thursday, August 05, 2021 12:59:03 AM

Post# of 146868
Let's read the documents regarding what was said about Bioamber together!

The judge said putting the company INTO bankruptcy was in the best interest of all stakeholders.



Completely false and here's why. Upon termination of the CCAA Bioamber will not yet have the status of bankrupt under the BIA until they file for it or a court declares them bankrupt. They were never put into bankruptcy unless you think the judge is full of it?



And the Judge NEVER used the term "exceptional liquidation". That phrase was uttered by someone else.



Well this is from the judge's judgement. Please note the CCAA proceedings (not bankruptcy) evolved over time into a rather "exceptional liquidation" process at the request of the Petitioners...the request of Bioamber with the consent of the creditors.



Just because PwC pulls all the docs it doesn't mean it's ok to just start making thing up!

Fanciful Wishes,
Iron Beagle
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