28-07-2025
Desktop Metal Files Bankruptcy After Lawyers Demand Unpaid Fees
Desktop Metal Inc., a maker of 3D printers and other machines used in manufacturing, filed bankruptcy just months after new owners were forced by a court to complete a takeover of the company.
Desktop Metal will try to sell assets in Europe to pay its debts, including nearly $30 million owed to the law firm that won the case forcing the merger of the company with Nano Dimension. Earlier this year, the law firm Quinn Emanuel Urquhart & Sullivan asked a judge to secure some Desktop Metal assets while a dispute over legal fees related to the merger case went forward.
