May 30,
2014 by in Bankruptcy, Industry
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.
May 12,
2014 by in Bankruptcy, Furniture Retailing, Industry
The planned one-day liquidation sale at Naked Furniture is likely to extend longer than originally thought.
May 7,
2014 by in Bankruptcy, Furniture Retailing, Industry
Retailer Naked Furniture will host a one-day inventory sale Thursday as part of its bankruptcy proceedings.
May 2,
2014 by in Bankruptcy, Industry
Home furnishings retailer Easy Life Furniture has filed Chapter 11 under the U.S. Bankruptcy Court and plans to liquidate its 14 stores.
April 8,
2014 by in Bankruptcy, Industry
The leftover pieces of Furniture Brands International—Furniture Brands Wind Down—has reached a deal with its creditors and the federal Pension Benefit Guaranty Corp.
April 4,
2014 by in Bankruptcy, Furniture Retailing, Industry
Specialty retailer Brookstone filed for Chapter 11 bankruptcy protection Thursday.
March 27,
2014 by in Bankruptcy, Industry
The Pearson Co. upholstery plant in High Point will close within the next few months, the latest of the factories to be shuttered following the Furniture Brands International bankruptcy.