Thomasville and Lane furniture facilities in Mississippi, North Carolina, Tennessee and Virginia are among 17 former Furniture Brands International (FBI) properties up for auction by Hilco Real Estate LLC.
Cardell Cabinetry creditors have until May 19, 2014 to file claims against the bankrupt kitchen cabinet manufacturer. Separately, creditors Valendrawers, Hardwoods of Michigan, and PAVEN Inc. will depose Wells Fargo Bank, seeking discovery of any assets of Cardell not yet disclosed.
Hilco Industrial will auction panel saws, laminating and coating lines, curing alleys and $20 million in inventory along with all machinery from Cardell Cabinetry's 900,000 sq.ft San Antonio, TX plant. It closed Sept. 8.
Hilco Industrial and Hilco Merchant Resources will manage the disposition of all machinery, equipment and inventory of Cardell Cabinetry, San Antonio, TX