Filing Alert: Desktop Metal Chapter 11
Desktop Metal Files Chapter 11 in Southern District of Texas
Desktop Metal Operating, Inc. and its debtor affiliates⁽¹⁾, a Burlington, MA-based manufacturer of 3D‑printing systems, filed for Chapter 11 protection on Jul. 28 in the U.S. Bankruptcy Court for the Southern District of Texas.
The filing aims to implement a sale of ExOne GmbH, EnvisionTEC GmbH, ExOne KK, and AIDRO s.r.l. to an Anzu Partners affiliate and facilitate a court-supervised marketing process for the company’s remaining assets.
The company reports $1 billion to $10 billion in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The cases are being jointly administered under Desktop Metal, Inc. (Case No. 25-90268), a non-operating holding company with minimal assets.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Benjamin L. Wallen
- Pachulski Stang Ziehl & Jones LLP
- Email: bwallen@pszjlaw.com
Investment Banker:
- Piper, Sandler & Co.
Financial Advisor / CRO:
- FTI Consulting, Inc. (Andrew Hinkelman)
Claims Agent:
Equity Security Holders:
- Desktop Metal, Inc. – 100% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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