Douglas lender pushes for quick liquidation

Thomas, Larry
August 2008
Furniture/Today;8/18/2008, Vol. 32 Issue 49, p8
Trade Publication
The article reports on the motion filed by Douglas Furniture's principal lender to move into consideration the Chapter 11 bankruptcy case of the company. The lender of the company, Heller Financial, argues that the upholstery and casual dining resource has no chances of success in resuming its operations. A hearing is set on September 2, 2008.


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