Routine bankruptcy case contains intriguing twist

Thomas, Larry
November 2008
Furniture/Today;11/10/2008, Vol. 33 Issue 10, p28
Trade Publication
The article comments on the dispute between Universal Furniture and Collezione Europa in the U.S. According to the author, Universal has objected a routine motion filed by Collezione to liquidate about $2 million worth of inventory in a warehouse in North Carolina. The author adds that Universal implies that one of the reasons Collezione sought Chapter 11 bankruptcy protection was to avoid paying monetary damages to Universal.


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