Mäusbacher Files for Self-Administered Insolvency as Court Appoints Custodian

Overview

• The Sonnefeld-based furniture maker sought protection on 21 August at the Coburg district court under Germany’s self-administration regime.
• The court ordered preliminary self-administration and named lawyer Andrea Wollner (HWR) as preliminary custodian, with CEO Marco Mäusbacher retaining operational control.
• The company states that production, deliveries and product availability continue without interruption, with wages initially secured via insolvency pay.
• Management attributes the move to a sharp order collapse since April 2025 and technical setbacks including a failed drilling center and a delayed new plant that increased costs.
• Advisers from Grub Brugger are supporting the process, restructuring specialists Nora Sickeler and Dr. Lukas Herbert serve as general proxies, and a provisional creditors’ committee has been formed as national data show higher corporate insolvency filings in July.