Replies to post #103613 on BioAmber Inc fka BIOAQ

[Awigo]

Today's assignment for Business 101 class:

Explain the difference between voluntary bankruptcy and compulsory bankruptcy. (25 points)

[Greenvestments]

Carillion group liquidated 91 companies from January 15 to the end of ONE year.
Bioamber took longer to "liquidate" 3 subsidiaries. Does that point out anything of significance? Or maybe UK bankruptcy is more efficient.