WILMINGTON, Del. — A Delaware bankruptcy judge has granted provisional protection to the U.S. assets of Bestar and other sister companies facing liquidation. The shield prevents creditors from seizing the company's U.S.-based inventory or facilities while it navigates insolvency proceedings in Canada and seeks formal U.S. recognition of its bankruptcy, according to a report from Law360.
Bestar, headquartered in Sherbrooke, Quebec, Canada, part of the eSolutions Furniture Group, which also includes sister companies Bush Business Furniture and Bush Furniture, has assets and operations in the U.S. including a distribution center in Erie, Pennsylvania, and a manufacturing facility in Jamestown, New York.
The company’s lender and administrative agent, the Fédération des caisses Desjardins du Québec, filed paperwork on May 4, 2026, with the Superior Court of Québec under the Bankruptcy and Insolvency Act (Canada) to appoint PricewaterhouseCoopers Inc. as receiver over the Company's assets, and also asked a Delaware bankruptcy judge for Chapter 15 recognition of its Canadian wind-down proceedings.
Bestar, according to Home News Now, seeks a comprehensive, cross-border liquidation of its assets. Other corporate entities that are listed as debtors in the case are LCP Bush Holdings, Inc., Bush Management Inc., Bush Industries of Pennsylvania Inc. and Bush Technologies Inc. Details of the bankruptcy, including the company's liabilities and assets was not cited. However, the filing lists more than 500 companies that are creditors in the case.
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