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Re: dalesio_98 post# 121586

Monday, 12/06/2021 6:25:41 AM

Monday, December 06, 2021 6:25:41 AM

Post# of 154070
Correct. LCYB would only be liable if they purchased the Corp “BioAmber Inc” in its entirety including the shares. LCYB would also be liable for the remaining debt as well since it’s tied to the Corp.
That’s one issue with buying a Corp in that you instantly become liable for everything attached to that Corp as it all goes with it.
Since LCYB only purchased All of the assets they are not liable for the class action case or anything else.
Former BioAmber shareholders lost on this one and nothing will ever change that

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