Jay Teitelbaum News Today

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When Interior Define began a liquidation process in late December, the Chicago-based custom furniture retailer left thousands of customers with unfulfilled orders and little hope of recovering their money. But

Silicon Valley Bank was repaid millions by furniture retailer Interior Define before both collapsed

Interior Define, a direct-to-consumer custom furniture retailer, was funded by $100 million in debt and equity financing and had brought in new leadership and expanded rapidly during the pandemic.