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Bombay Co. files Ch. 11

Will keep operating its stores, Web site

By Thomas Russell -- Furniture Today, September 23, 2007

After three years of mounting losses, specialty retailer The Bombay Company filed for Chapter 11 bankruptcy protection last week.

The Sept. 20 filing, in the Fort Worth Division of the U.S. Bankruptcy Court for the Northern District of Texas, covers the Top 100 chain and its wholly owned subsidiaries, which include The Bombay Furniture Company, BBA Holdings LLC, Bombay International Inc., Bailey Street Trading Company and BMAJ Inc.

The filing does not affect accent and occasional resource Bailey Street Holding Company, which was formed in 2005 when Bombay sold the assets of Bailey Street Trading to investors who formed Bailey Street Holding. It continues to show at both the Las Vegas and High Point markets.

Bombay's filing said the company has assets of $239.4 million and debts of $173.4 million. It also listed the 40

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Here is a sampling of some of the stylish new products catching dealers' eyes at the October High Point Market. For more coverage, see Furniture/Today's Nov. 2 print issue. When you're done viewing the photos in this Slideshow, more images of hot introductions also are available on the Furniture/Today Web site by clicking here.

 

 

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