Share this on

Upholstery maker Meadowbrook files Chapter 7

Furniture Today Staff -- Furniture Today, May 26, 2011

HICKORY FLAT, Miss. — Promotional stationary upholstery maker Meadowbrook Furniture filed Chapter 7 bankruptcy in U.S. Bankruptcy Court Tuesday, listing assets of $1,762,216 and liabilities of $1,805,218.

The voluntary petition lists 119 unsecured creditors, the largest being foam supplier Confortaire, owed $452,024; Mississippi Business Finance Corp., $194,000; STI Fabrics & Trim, $112,212; Stein Fibers, $81,865; and Morgan Fabrics, $49,287. Most claims were under $25,000.

Revenues for the company filed in court documents revealed company sales were $8,688,117 in 2009; $6,895,056 in 2010; and $1,048,820 at the time of filing Tuesday.

Share this on

Cisco Bros. files Chapter 11, plans to restructure

Apr 29, 2011

Berkline in Chapter 11; has deal to sell inventory, gear

May 26, 2011

Cisco Bros. restructuring with Chapter 11 filing

May 19, 2011

UPDATE: California retailer Treasures Furniture in Chapter 11

May 11, 2012

California retailer Treasures Furniture in Chapter 11

May 11, 2012

Also by this author

Also by Furniture Today Staff

Featured Company

FurnitureCore.com

FurnitureCore.com is a dynamic web application aimed at the furniture industry. Retailers and manufacturers alike will find our deep reserve of tools to be exactly what their furniture business needs.www.furniturecore.com... more