Danimer files for bankruptcy as “debtors in possession”; expansion property will not be reacquired by Development Authority - The Post-Searchlight

Danimer files for bankruptcy as “debtors in possession”; expansion property will not be reacquired by Development Authority - The Post-Searchlight

In the wake of Danimer’s bankruptcy, questions have been raised about the property Danimer was using for their Bainbridge expansion, which broke ground in 2021. The land was deeded to Danimer, then called Meredian Bioplastics, by the Development Authority of Bainbridge and Decatur County in November of 2021. In a statement from Development Authority executive director Rick McCaskill, the Development Authority “reserves the right to reclaim the p…