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From Home Furnishing Business

Furniture Brands Execs Want Insurance Money for Legal Costs

The former Furniture Brands CEO and CFO are requesting funds from a $15 million insurance policy to cover the costs of ongoing shareholder lawsuits.

Furniture Brands gets 'Responsible Officer'

Bankrupt Furniture Brands International, whose assets were sold last week, has appointed its top administrative officer to wind down what's left of the company.

Linwood Furniture Bankruptcy Closed

The bankruptcy case involving Linwood Furniture was officially closed last week as a judge issued a decree dissolving the business.

KPS, Furniture Brands Acquisition Official

As expected, KPS Capital Partners is the winning bidder in the auction to acquire Furniture Brands International's (OTC: FBNIQ) assets.

Furniture Brands Pension Gets Government Funding

The federal government will be taking over $270 million of the pension obligations of Furniture Brands International.

KPS Sole Bidder for Furniture Brands International

Then, there was one. One bidder for Furniture Brands International's assets in the company's bankruptcy auction originally set for today. The auction has been cancelled because only one qualified bid was received by yesterday's deadline.

DFW Furniture Files Bankruptcy, Shutters Stores

Columbus, Ohio-based furniture retailer DFW has filed Chapter 11 bankruptcy and has begun closing stores.