No clarification, assets were acquired through fire sale/privatizations.
Nemaska Lithium was the most complicated CCAA file that I have witnessed and fought for on behalf of shareholders. Note, I am heading the file and potential class action being evaluated by a specialized law firm. As I am not a Nemaska shareholder, I cannot become the plaintiff.
PwC Monitor was in charge of BioAmber, Orbite Technologies and BioSyntech files. Nemaska board did not resign, hence, Monitor had a limited role.
Quick question, In any of the cases you mention did PWC the monitor release a statement clarifying that the Tangible assets had been sold during ccaa proceedings? Keep in mind that said statement was issued in 2020.