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Meyer Burger $29M Chapter 11 Sale Approved Amid Fierce Creditor Clash - USA Herald
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Meyer Burger $29M Chapter 11 Sale Approved Amid Fierce Creditor Clash - USA Herald
A Delaware bankruptcy judge on Thursday approved Meyer Burger’s $29 million Chapter 11 asset sale, clearing the way for the U.S. arm of the Swiss solar-panel giant to shed nearly all of its holdings—even as unsecured creditors warned the deal leaves them stranded while enriching secured lenders. U.S. Bankruptcy Judge Craig T. Goldblatt gave the Meyer Burger $29M Chapter 11 plan approved in Delaware court, asset sales face heated creditor pushback
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