Germany’s 100-Year-Old Merz Academy Declared Insolvent

The Merz Academy in Stuttgart, Germany, has filed for insolvency, the academy announced on Wednesday. Classes, however, are expected to continue at the university, which offers Bachelor’s and Master’s degree programs at the intersection of design, art, media, and technology. Monopol reported that the university’s application was approved on Tuesday by the Stuttgart District Court with a provisional self-administration order. The insolvency, it believes, is a result of a failing