Replies to post #78078 on BioAmber Inc fka BIOAQ

[Brucebannerr]

I dont think the judge can do anything but approve it . The supply contracts are worthless. The fantasy crew thinks some value may be found in a lawsuit. But that would be the secured creditors paying for it . And they aren't going for that. So what else can happen? Lets hear your fantasy. I'll stick with the facts .

5. The continuation of the CCAA Proceedings to pursue a litigation or arbitration on the issues raised in
the Supply Contracts Position would result in an erosion of recoveries to the Secured Claimants.
Counsel for the Secured Claimants have informed the Monitor that they want the net proceeds realized
in the CCAA Proceedings be distributed to the Secured Claimants, as proposed in the Twelfth Report,
as they are not willing to see these proceeds used in pursuit of the issues suggested in the Shareholder
Motion or implied by counsel for 9044.