3D Printer Facing Liquidation Blames Legal Fees for Bankruptcy
A 3d printer works at making a small metal part at the Desktop Metal headquarters in Burlington, Massachusetts.
Photographer: Lane Turner/Boston Globe/Boston Globe
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.
It will try to sell assets in Europe to help pay its debts, including nearly $30 million it owes law firm Quinn Emanuel Urquhart & Sullivan for winning the lawsuit that compelled fellow 3D printer Nano Dimension to take ownership of Desktop.