Bankrupt Mitchell Gold Sued Over Sudden Shutdown
The premium brand asked a court for Chapter 11 bankruptcy protection as out-of-work staffers allege that it violated the WARN Act.
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The premium brand asked a court for Chapter 11 bankruptcy protection as out-of-work staffers allege that it violated the WARN Act.
The beleaguered North Carolina furniture manufacturer announced last week that it would be ceasing operations and laying off its workforce. Now, it has filed for Chapter 11 bankruptcy protection.
The Mitchell Gold Co. has filed for protection under Chapter 11 of the U.S. Bankruptcy Code citing assets and liabilities of between $10 million and $50 million.
Bankruptcy documents filed Wednesday afternoon by The Mitchell Gold Co. tell a story of a company trying to keep the doors open ...
At least two potential buyers are interested in purchasing all or some of the company to keep in business.