FBI Wind Down Inc., the legal entity for the former Furniture Brands International Inc., said in a regulatory filing Thursday that a U.S. Bankruptcy Court judge had confirmed its liquidation plan.
Foam supplier and bedding producer Latex Foam International Holdings was granted four first-day motions during a hearing in the U.S. Bankruptcy Court in Connecticut.
Latex Foam International Holdings has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Connecticut.
A bankruptcy judge has given the go ahead to Furniture Brands International's estate to solicit creditors of a Chapter 11 plan that promises a higher recovery for unsecured claims from a settlement with the Pension Benefit Guaranty Corp.
The planned one-day liquidation sale at Naked Furniture is likely to extend longer than originally thought.
Retailer Naked Furniture will host a one-day inventory sale Thursday as part of its bankruptcy proceedings.
Home furnishings retailer Easy Life Furniture has filed Chapter 11 under the U.S. Bankruptcy Court and plans to liquidate its 14 stores.