💥New Chapter 11 Bankruptcy Filing - Meyer Burger (Holding) Corp.💥
European solar company's U.S. venture falls flat into the District of Delaware
On June 25, 2025, Arizona-based Meyer Burger (Holding) Corp. and three affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Goldblatt) and Johnny immediately be like:
At least it ain’t biotech, 🖕.
These particular solar debtors happen to be the failed product of Swiss-based Meyer Burger Technology AG’s (SWX: $MBTN) attempted venture into the United States of America.
So what happened?