Seven senior executives and 48 managers seeing Furniture Brands through its bankruptcy could receive incentives totaling $4 million or more under a request made in Federal Court. Thomasville, Broyhill, Henroden, Lane and other assets have drawn two bidders already.

Furniture Brands bankruptcy, with valuable assets like Thomasville, Broyhill, Henroden and Lane on the docket, drew a competing bid. KPS Capital Partners says it will offer $166 million, besting Oaktree Capital Management's $140 million prepackaged offer.