November 25, 2024 15:47

Five years after the company’s closure and two years of hearings, the Bologna Court in Italy has issued its verdict in the first-instance trial concerning the bankruptcy of Bio-On, the company founded by Marco Astorri and Guy Cicognani to produce polyhydroxyalkanoates (PHA)-based bioplastics.
The trial ended with eight convictions and one acquittal for charges including fraudulent bankruptcy, misappropriation, and attempted abusive credit recourse.