Danimer Approved For Initial Ch. 11 Loan As It Seeks Buyer

By Vince Sullivan · March 21, 2025, 5:08 PM EDT

Plastic alternative maker Danimer Scientific received interim approval Friday for $1 million in Chapter 11 financing, telling a Delaware bankruptcy judge that it is trying to find a buyer for its...

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Bankruptcy Scorecard

Summary

Plastics alternative maker Danimer Scientific Inc. filed for Chapter 11 protection in Delaware listing about $450 million of debt, saying in a filing with the U.S. Securities and Exchange Commission that it plans to wind down.

Case Number

1:25-bk-10518

Judge

Mary F. Walrath

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Roughly $450 million of debt

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