Powin, LLC

3:25-bk-16137

August 06, 2025
Battery Maker Powin Gets OK For $54M In Asset Sales

A New Jersey bankruptcy judge Wednesday approved the $54 million sale of Powin LLC's assets after the green energy storage battery maker spent most of the day negotiating objections raised by its customers.
June 17, 2025
Catching Up With New Bankruptcy Case Action

Tariff-related uncertainty led home furnishing retailer At Home Group Inc. and automotive parts manufacturer Marelli Corp. to file for bankruptcy, Florida-based Contour Spa cited rapid expansion as a key reason for its financial downfall, and a firm behind a major hospital redevelopment project in Detroit filed for Chapter 11 after failing to meet its commitments to the city.
June 10, 2025
Green Energy Battery Co. Files Ch. 11 With Sale, Spinoff Plans

A company that manufactures batteries for green energy projects sought Chapter 11 protection in New Jersey bankruptcy court Tuesday, saying it is planning a spinoff and a sale to deal with its $325 million in debt, and citing an "untenable" liquidity situation and claims asserted by unhappy customers.