On March 9, 2020, Art Van Furniture, LLC, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Lead Case No. 20-10553). The Debtor reports assets and liabilities both in the range of $100 to $500 million and estimated 50,000 to 100,000 creditors. The Debtor estimates that funds will be available for distribution to general unsecured creditors.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.