Replies to post #94456 on BioAmber Inc fka BIOAQ

[1manband]

An understanding of CCAA would have helped explain that.

Under Canadian law, the value of the jobs and keeping the plant open more than made up for the difference between the liquidation proceeds from the sale of the plant and the scrap metal value. That is why they went with an offer to continue to operate the plant instead of selling for scrap.

That is how CCAA works.