US Trustee Balks At 5% Breakup Fee In Zymergen Bid

By Ben Zigterman · October 25, 2023, 9:52 PM EDT

The Office of the U.S. Trustee objected to the proposed bidding procedures in Zymergen Inc.'s Chapter 11 case, telling a Delaware bankruptcy court that the 5% breakup fee to be paid...

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Case Information

Case Title

Zymergen Inc.

Case Number

1:23-bk-11661

Court

Delaware

Nature of Suit

Date Filed

October 03, 2023