Beyond Meat Chapter 11 Bankruptcy Protection: Why Plant-Based Meat Company Is Facing Troubles

Beyond Meat is struggling to stay afloat. On August 10, reports confirmed that the company, known for making plant-based meat substitutes, has filed or is headed to file for chapter 11 bankruptcy protection, the law office of John T Orcutt, a North Carolina bankruptcy lawyer noted.

Beyond Meat's products were meant to mimic the taste, texture, and cooking experience of animal-based meat. Like Beyond Burger or Beyond Beef, their products too are made from proteins derives from plants, fats, and other ingredients...

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