Pharmagreen Biotech No Longer Under Chapter 11 Proceedings

Oct. 19, 2020, 1:34 PM UTC

Pharmagreen Biotech says it’s no longer under Chapter 11 proceedings after a stay order was lifted by a federal judge of the United States District Court for the Southern District of New York, on an action filed by EMA Financial LLC.

  • Company does not plan to appeal this ruling
  • CEO Peter Wojcik says in statement that “We are committed to moving forward with the development of our business as planned”
  • NOTE: In August, Pharmagreen Biotech Files for Chapter 11 in Nevada Court

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