Meyer Burger (Holding) Corp. filed chapter 11 June 25, 2025 after DESRI terminated a 5 GW supply agreement. Within 90 days, the Swiss solar pioneer sold substantially all assets for $29M—Waaree acquired module equipment for $18.5M while DESRI entities recovered solar cells via credit bid.

Meyer Burger filed chapter 11 June 2025 after losing its largest customer. Waaree acquired HJT solar equipment for $18.5M. 900+ global jobs lost.

Meyer Burger Bankruptcy: $29M Solar Asset Liquidation

Swiss solar pioneer Meyer Burger filed chapter 11 after DESRI terminated a 5 GW supply deal. Waaree acquired Arizona facility equipment for $18.5M. 900+ global jobs eliminated across three countries.

Meyer Burger: Swiss Solar Pioneer Sells $29M in U.S. Assets After Customer Contract Collapse

Meyer Burger: Swiss Solar Pioneer's $29M U.S. Liquidation

Razzoo's Cajun Cafe filed chapter 11 Oct. 1, 2025 (S.D. Tex. 25-90522). M Crowd affiliate ThirtyThree97 emerged as winning bidder with $18.8M credit bid after no competing offers. Sale hearing Dec. 23, 2025. 20-unit chain faced Chili's competition, $9.7M First Horizon debt.

M Crowd's ThirtyThree97 wins Razzoo's with $18.8M credit bid. Texas Cajun chain filed chapter 11 Oct. 1, 2025. Sale hearing Dec. 23. 20 units, $9.7M debt.

Razzoo's Cajun Cafe: Going-Concern Sale (25-90522)

ThirtyThree97 (M Crowd affiliate) wins Razzoo's bankruptcy sale after no competing bids. 34-year-old Texas Cajun chain filed Oct. 1, 2025. Sale hearing Dec. 23, 2025. 20 locations, ~1,000 employees.

Razzoo's Cajun Cafe: M Crowd Wins Chapter 11 Sale with $18.8M Credit Bid

Razzoo's Cajun Cafe: Texas Chain Pursues Going-Concern Sale

Turning Points for Children, a 189-year Philadelphia child welfare nonprofit, filed chapter 11 bankruptcy under Subchapter V in May 2024 after exiting $40M in CUA operations. Case features $4.4M affiliated-party DIP financing, settlement trust for abuse claims, and future claimants' representative.

Turning Points for Children filed chapter 11 in Philadelphia after litigation costs forced exit from $40M child welfare operation. Full case analysis inside.

Turning Points for Children: Philadelphia Chapter 11 Case

189-year Philadelphia child welfare nonprofit's chapter 11 bankruptcy after litigation and insurance costs. Features $4.4M DIP from charitable foundation and settlement trust for abuse claims.

Meyer Burger: Swiss Solar Pioneer's $29M U.S. Liquidation

Razzoo's Cajun Cafe: Texas Chain Pursues Going-Concern Sale

Turning Points for Children: Philadelphia Nonprofit's Chapter 11 Case