United Furniture Industries Chapter 7 case could identify more key creditors
Bankruptcy court will hold hearing Friday to appoint trustee in involuntary filing TUPELO, Miss. — Today’s anticipated hearing to appoint a trustee in the involuntary …
Category: closings and consolidations
Wells Fargo declaration describes financial relationship, issues with shuttered United Furniture Industries
TUPELO, Miss. — The day it abruptly ceased operations, United Furniture Industries told its primary lender that it needed a significant amount of money to …
Wells Fargo, other creditors seek Chapter 7 bankruptcy for United Furniture Industries
Bank said it is owed more than $99.2 million in secured debt TUPELO, Miss. — Wells Fargo Bank and two other creditors have filed an …
Lane, United Furniture workers will soon have their day in court
Company also will have its chance to explain ‘unforeseen circumstances’ leading to its unfortunate and sudden demise TUPELO, Miss. — On paper there are at …
Big Lots looks to fill voids created by United, Lane
Products supplied by both manufacturers represented 7% of merchandise purchases thus far in 2022 COLUMBUS, Ohio — Given its latest quarterly performance, Big Lots didn’t …
GXO Logistics to close Kenosha Wisconsin warehouse facilities in February 2023
KENOSHA, Wisc. — Logistics services provider GXO Logistics is closing its general warehouse and storage facilities here, a move that will impact 146 workers starting …
Trucking company sues Wells Fargo for denying access to commercial property being held at United Furniture Industries
ABERDEEN, Miss. — A trucking company here has filed a class action lawsuit against Wells Fargo alleging it and others have been denied access to …
WARN Act violations at heart of lawsuits filed against United Furniture Industries
Attorneys representing former employees said the law is clearly on the workers’ side TUPELO, Miss. — A document obtained by Home News Now shows that …
UFI transportation division being sued for failure to transport materials following closure
ABERDEEN, Miss. — United Furniture Industries is facing its first legal action from a client relating to its alleged failure to deliver materials to a …
Could WARN Act exemptions work in United’s favor?
UNC labor and employment law expert discusses how some employers can legally avoid giving employees 60-day notice of a facility closure HIGH POINT — Questions …
