October 06, 2023
North Carolina furniture chain Mitchell Gold + Bob Williams converted its Chapter 11 bankruptcy to a Chapter 7 liquidation Friday after a last-ditch scramble to find a buyer failed and the custom furniture manufacturer couldn't convince either of its lenders to cough up more financing.
October 05, 2023
North Carolina furniture chain Mitchell Gold + Bob Williams is on the brink of a Chapter 7 liquidation after failing to find a buyer and defaulting on its bankruptcy loan, an attorney for the company told a Delaware bankruptcy judge Thursday.
September 29, 2023
Unsecured creditors of furniture company Mitchell Gold + Bob Williams told a Delaware bankruptcy judge that a debtor-in-possession loan won't cover $1.2 million in rent expenses and that changes need to be made to ensure the estate can recover the cost.
September 13, 2023
A Delaware bankruptcy judge on Wednesday approved $8.5 million in debtor-in-possession financing for North Carolina furniture company Mitchell Gold + Bob Williams, despite objections from the debtor's senior lender saying the company should receive no DIP financing at all.