The preliminary reorganization proceedings were filed with the District Court of Munich, which appointed a domestic law firm Müller-Heydenreich Beutler & Kollegen as preliminary administrator.
Gehrlicher claimed that the company became incapable of proceeding with its growth plans as the introduction of anti-dumping tariffs on China-made modules across the European Union (EU) had a negative impact on the market.
The solar panel maker had sought the two-year loan agreement extension to facilitate its business plans.
Gehrlicher management board member and COO Richard von Hehn said that anti-dumping tariffs on solar modules have not benefitted anyone across the sector as they suspend job options throughout the whole PV value chain.
"Federal Government and the European 2 Commission must take action and solve the issue at the political level before the summer break, otherwise further damage to the industry will result," added Hehn.
Meanwhile, the company’s subsidiaries, including Gehrlicher Solar America Corporation (GSAC), and sister company Gehrlicher Solar Management, will remain unaffected due to the filing.
GSAC is expected to report gross revenues between $130m and $150m for 2013.
