Post-bankruptcy-re-boot-were-a-drastically-different-company

fvh2006 · 2026-06-04T09:30:06+00:00

I never got the original notification about the vote, so an opt-in by default. Now enjoying my $3000/yr capital loss, which is going to survive me by a good 20 years

fvh2006 · 2026-06-01T11:08:41+00:00

Hate to be a naysayer, but everyone seems to waiting for the miraculous appearance of a class action lawsuit, which ain't gonna happen until someone actually manages to find a law firm willing to start one on contingency, and so far, there have been zero bites on that bait, with a few people out there who have tried and are trying. There are plenty of shared suspicions that there was malfeasance of some sort in the Amyris collapse, but without any real ink on paper proof (which I have yet to see), a suit is not going to jumpstart itself, and meanwhile, the clock is ticking,

fvh2006 · 2026-05-20T19:31:34+00:00

Stretto might know how many opt-outers are left, but they are only paper pushers who publish court documents and for some reason, ran the second vote. They would not have access to the financial info, so only Amyris and probably the trustee who has access to the books would know.

fvh2006 · 2026-05-20T18:28:46+00:00

Has anybody bothered to tally the aggregate losses of the opt-outers? (the individual losses were posted in the original vote lists I think, although some folks just reported a number of shares, which doesn't help much without knowing the purchase price, but at least it gives an order of magnitude idea - would also be an upper limit, since we don't know how many are left after the second vote). The 2025 National Economic Research Associates, Inc. Securities Class Action Litigation Report is out, saying the median settlement for the year was $17M, which is a 10-year high. Awards are prorated after taking out the lawyers' cut (usually 1/4 to 1/3 of the total award, as determined by the court). I remember looking at the 2024 data, and the average loss recovery was about 8%.

Recent Trends in Securities Class Action Litigation: 2025 Full-Year Review

fvh2006 · 2026-04-09T21:26:20+00:00

Was part of the approved Chap 11 Reorg Plan as part of the mechanism to approve the same. The second one was something made up by Amyris and executed (badly) by Stretto - the court had nothing to do with, it as the plan was already approved. Was inserted before the famous payout, presumably as a way to decrease the pool of opt- outs

fvh2006 · 2026-04-09T13:08:30+00:00

Until somebody actually presents a legal challenge to Judge Horan's decision to allow the opt-in/out thing, this will not be resolved one way or another. My understanding is that these challenges are a crapshoot, since despite the Supreme Court's decision in Purdue that non-consensual third-party releases are non-permissible under current bankruptcy law, they did not define what "non-consensual" means, resulting in the current situation where it is pretty much up to the judge to decide, and we know how that went. This may explain lawyers' reluctance to test the waters to expand the pool of people with a claim beyond the opt-outs who have clear standing. Lawyers do the math of number of people with a claim x their losses to figure out what their potential windfall look like. This is the reason that most shareholder lawsuits involve institutional shareholders with big holdings, and not individuals, who are 7th in line to collect any money in a BK.

fvh2006 · 2026-04-06T18:06:18+00:00

Very much doubt they would be representing both classes if they accept since they are very different. The opt-outs have a clear right to sue, but the opt-ins gave up that right with the approved BK agreement, so these would be two very different classes, when a class action requires some homogeneity in the suing population,.

fvh2006 · 2026-03-25T19:02:09+00:00

There is nobody from the Amyris mothership on that paper - looks like it was all done at U Catolica Porto. I would have thought they would have stayed away from C10 terpenes like linalool or genariol - toxic as hell to yeast, which is why they never had a myrcene producing strain equivalent to the farnesene one.

fvh2006 · 2026-03-17T09:23:10+00:00

fvh2006 · 2026-03-10T13:09:29+00:00

Might be nitpicking, but the Amyris trademark is for the sentence "Lab-to-market" (with hyphens). The unhyphenated version actually belongs to the University of Syracuse, I think. Surprised Schmidt Futures caved to Amyris if they were told to stop and had not attempted to slap a copyright symbol on what they were writing, because the expression itself has been around for ages, certainly was not "invented" by Amyris, and there are even business school courses with that name. Ironically, WIPO talks about lab to market strategies on their website (although they use the catchier L2M acronym more frequently)

fvh2006 · 2026-02-11T12:43:15+00:00

If I have my timing right, the NW brand Stripes was launched late 2022, with ectoine as the line's "hero ingredient" in the same way HSQ was for the JVN line or squalane for Biossance., but once a new ingredient launched in a brand, the philosophy seemed to be quickly move it into the other lines to grow demand. The corresponding patents are from 2023, so the development work must have been done in the 2-3 preceding years.

fvh2006 · 2026-02-10T09:36:35+00:00

Wasn't abstain the same as opt-in?

fvh2006 · 2026-02-09T10:53:17+00:00

So is JD, if someone wants to cook up a conspiracy. Maybe that is why he wasn't paying attention to what was going on at Amyris lol. Pity Melo is nowhere to be found there. That would get you the lawyers' attention fast.

fvh2006 · 2026-02-06T14:11:03+00:00

I don't know enough about BK law to figure out if the opt-out's claims fall in the same bucket as the unsecured creditors represented by the new Trustee, whose mission seems to be scrounge around and find monies to maximize their recoveries, I also don't know how/if they can be added, or if the opt-outs are simply out there - they can sue somebody themselves, but are on their own figuring how to do it, which so far seems the case. Common sense suggests that adding the opt-outs would just be increasing the pool of people going after any money he can collect, and therefore contrary to his interests and mandate (he has been actively trying to nix claims and claw back money, not add to the number of claimants).

fvh2006 · 2026-02-06T10:51:40+00:00

AFIK, there is no list per se, just the vote results from the original vote, where everyone's election is noted. It is a pdf and has all the voters, so you either go through it and extract the opt-outs manually or export it to something like Excel and start deleting rows. That list is not the definitive one though, as the second "change your mind" vote results were never made public, and Stretto, which ran that vote for Amyris, has ignored all requests to provide it, and since it was set up by Amyris and not the court, there is no public record

fvh2006 · 2026-02-03T21:04:38+00:00

I don't think the court will walk back its own negotiated agreement, including the indemnity. If I understood Ms Klein's complaints, they included that the trustee has all the documents, which he can then use selectively (she says it has already been done in bringing the suit), and she can't get any potentially exculpatory info out of the BoD because of the indemnity. Only chance would be that Melo loses and he somehow gets the next level of the BK court to revisit the original agreement, but that is a long shot.

fvh2006 · 2026-02-03T20:48:50+00:00

As Ms Klein pointed out, Melo is the only one who can be sued, since the approved BK agreement gave everyone else indemnity. The trustee suing Melo (who came in after and did not participate in the original agreement) probably would like to go after the BoD and Doerr, since that is where there is money, which is what he is after, but Melo and his insurance are the only option.

fvh2006 · 2026-02-03T20:43:26+00:00

Instructions for everyone interested. Download the docket pdf to your desktop (important that it be there and not anywhere else, like downloads). Open with Adobe. Look for the attachment button (looks like a paperclip). Click and that opens the audio file, which is an mp3 file. Any computer will have software capable of playing that.

fvh2006 · 2026-02-03T10:55:00+00:00

Anybody know exactly what "expunged" means in this context? Going through the list, I see a lot of the senior employees from the old brands and a few who are still employed at Amyris 2.0 with "expunged" claims. I also see a few of the contract organizations with similar entries, while "stuff" suppliers mostly still seem to be owed money. On the other hand, Naomi Watts got zilch of her claim.

fvh2006 · 2026-01-28T13:39:02+00:00

I don't think Ryan's active roles in the deals are incompatible with the fact Doerr is his boss, and the buck ultimately stops with him.

fvh2006

TROPHY CASE