Whilst you lean towards observations & motivations, you could just read the court documents concerning Delaware 4612067. Of course, you'd have to understand what you're reading but in the end, facts don't care about feelings.
The "permanent" problem for former shareholders was realized the day the monitor was discharged by the court without a plan of arrangement registered. When shareholders want to acknowledge that, or not, is no one else's problem but their own.
#FKA BioAmber officially ended and that can not legally change. "Why", you will have to figure out on your own. Time for some DD instead of spouting off fantasy, or stay on this board forever, makes no difference either way. The outcome has already been finalized.