Replies to post #68829 on BioAmber Inc (fka BIOAQ)

[CSCS]

Seriously?

Well, BioAmber Sarnia and BioAmber Canada filed for CCAA proceedings.

BioAmber Inc filed for Chapter 11 proceedings.

BioAmber filed for dismissal of Chapter 11 proceedings and asked to Judge to recognize the Canadian CCAA proceedings as the MAIN proceeding under Chapter 15.

Because of the 3 companies interconnected relationships both the US and Canadian Courts agreed that all companies would restructure under 1 proceeding that allowed the most flexibility...