Art Van heir: Retailer 'not set up to fail' by family's sale to private equity firm
A judge has approved a $8 million settlement that ends claims made by a bankruptcy trustee against the Van Elslander heirs.
Source: yahoo.com
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Art Van heir: Retailer 'not set up to fail' by family sale to PE firm
A judge has approved a $8 million settlement that ends claims made by a bankruptcy trustee against the Van Elslander heirs.
Source: freep.com
Here's how Art Van heirs, trustee settled bankruptcy lawsuit
The settlement closes the latest chapter in the downfall of the Warren, Mich.-based, former Top 100 retailer.
Source: furnituretoday.com
Bankruptcy judge approves $8M settlement in Art Van Furniture case
A lawsuit last year accused the family of the furniture retailer's founder of making more than $105 million in "fraudulent transfers."
Source: detroitnews.com
Art Van heirs would pay nothing out of pocket in $8M bankruptcy settlement
Nearly all money in the proposed settlement with the Art Van Furniture bankruptcy trustee would come from business insurance policy proceeds.
Source: yahoo.com