September 01, 2023
A Delaware bankruptcy judge has found the liquidating trustee of Furniture Factory Outlet can go to trial with his claims the furniture retailer's board of directors and controlling investor Sun Capital Partners drove the company into Chapter 11.
July 13, 2022
The liquidating trustee of bankrupt retailer Furniture Factory Outlet filed suit in Delaware bankruptcy court Wednesday alleging the company's Chapter 11 was caused by the board of directors and controlling investor Sun Capital Partners Inc. when they took on unnecessary debt to fund expansion.