Valyrian Machine, LLC, a manufacturing company, has gone under Chapter 11 bankruptcy. The filing, which allows the company to reorganize its debts and continue operating, appeared in recent court records.
Highlights
- Valyrian Machine, LLC filed a petition for Chapter 11 bankruptcy on September 16.
- The company plans to restructure its operations and finances during the bankruptcy process.
- The case has been filed under number 25-49284 in the Eastern District of Michigan.
Valyrian Machine, LLC Filed For Chapter 11 Bankruptcy
Valyrian Machine, LLC filed for Chapter 11 bankruptcy protection on September 16. According to PacerMonitor, the case has been filed in the Eastern District of Michigan.
The company has listed $500,000 and $1 million in assets and $1 million to $10 million in liabilities.
As part of its Chapter 11 case, the company has requested court approval to continue using cash on hand, pay employees and benefits, maintain utility services, and keep its business accounts and credit card processing active. These “first day motions” are designed to ensure the business can continue operating while restructuring under court supervision.
The filing also includes details on the company’s ownership and the 20 largest unsecured creditors. Updates will follow as the bankruptcy process progresses and the company’s reorganization plan develops.
About Valyrian Machine, LLC
Valyrian Machine, LLC is a Romulus, Michigan-based CNC machine company that deals with precision manufacturing and engineering solutions. The company was formed in 2023 after acquiring Euclid Machine, a shop that had over 40 years of machining experience, and combining it with the most recent technology.
Valyrian Machine focuses on innovation and customer satisfaction, offering custom solutions tailored to each client’s manufacturing needs. From 5-axis milling to custom prototypes, the company aims to deliver precise parts on time and efficiently.
Filing for Chapter 11 is a major step for Valyrian Machine as it works to stabilize its finances and reorganize operations. Updates will follow as the bankruptcy case progresses through court hearings and the company’s reorganization plan.
