Replies to post #61014 on BioAmber Inc fka BIOAQ

[TheRealMrPirate]

PWC also made it very clear that 'stakeholders' refers to the 'secured' creditors.

[BeetBroker]

It was the US recognition order.

[Brucebannerr]

No they cant . That is in a motion to the Delaware court. That has no bearing over the ccaa proceedings. As plainly spelled out by CS . As according to him they arent in bankruptcy. And the following statement after it plainly says the vesting order for the sludge plant outweighed 99.9 % of the stakeholders. Meaning the only real stakeholder got pennies on the dollar.


out·weigh (out-wa')
tr.v. out·weighed,

To be more significant than; exceed in value or importance: The benefits outweigh the risks.