Top 30 unsecured creditors owed nearly $100M in Conn’s bankruptcy

Resources range from appliance and electronics giants to furniture and mattress suppliers, showcasing the breadth of its product mix

THE WOODLANDS, Texas — The top 30 largest unsecured creditors in the recent Conn’s Chapter 11 bankruptcy case have nearly $100 million in claims against the retailer.

According to the company’s initial petition with the U.S. Bankruptcy Court for the Southern District of Texas, the claimants are owed a total of $99,866,377. They range from furniture and mattress resources to appliance and electronics giants such as Frigidaire, Whirlpool LG and Samsung, which harkens to the company’s presence in these diverse categories.

According to the filing, they also are just a portion of the estimated 25,000 to 50,000 creditors said to be owed money overall.

In order of the money owed, the top 30 unsecured creditors are as follows:

+ Samsung – $20,914,185.81

+ LG Electronics – $13,859, 867.18

+ General Electric Company – $13,361,866.14

+ Instant Web – $4,783,290.42

+ Google – $4,105,783.18

+ Standard Furniture Holdco. – $3,659,601.45

+ MTD Products – $3,508,579.76

+ Sherwood Southeast – $3,210,975

+ Man Wah Macao Commercial – $2,887,852.71

+ The Toro Company – $2,845,808.58

+ Frigidaire Company – $2,808,452.41

+ IPFS Corp. – $2,520,128.83

+ Corinthian – $2,444,250.61

+ Hackney Home Furnishings – $1,798,616.01

+ Vogue Home Furnishings – $1,777,925

+ Transworld Systems – $1,704,349.43

+ Elements International Group – $1,344,429.40

+ US Transport Corp. – $1,283,964.69

+ Crown Mark – $1,228,078.54

+ Tempur-Pedic – $1,176,181.98

+ Jason Furniture (K-Motion) – $1,171,928

+ Continental Silverline – $1,120,567.28

+ Style Line Furniture – $1,111,426.98

+ Harvest Strategy Group – $1,100,597.47

+ Sherwood Southwest – $1,089,006.28

+ Whirlpool Corp. – $1,086,357.10

+ Recode Solutions – $1,058,731.94

+ Camelot Communications – $1.053,041.39

+ Life of the South – $926,183.39

+ Resident Home – $924,349.44

Thomas Russell

Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.

View all posts by Thomas Russell →

One thought on “Top 30 unsecured creditors owed nearly $100M in Conn’s bankruptcy

  1. The Whirlpool debt was 100% attributed to Badcock side. Conn’s stopped carrying Whirlpool back in 2019 and was in process to do same with Badcock (and push in Samsung & LG.)

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