Pierre Deux Files Bankruptcy, Plans To Pay Creditors

August 7, 2011  by in UnCategorized   

By Aggregated Content in Bankruptcy on August 8, 2011 from http://c.moreover.com/click/here.pl?z5050235826&z=1250249030 As previously reported on Patch, Pierre Deux has closed its doors in Millburn and its 22 other US stores, and has now made provisions for employees owed money and customers who paid deposits towards orders. The home furnishings and specialty retailer, owned by Secaucus-based Arts des Provinces de France Inc, held assets of $12.1 million and debts of almost $54 million. The company filed bankruptcy and filed to liquidate assets on June 23, in U.S. Bankruptcy Court in Newark. According to the letter posted on the company

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