Filing Alert: American Signature Chapter 11
American Signature, Inc., a Columbus, OH-based residential furniture retailer operating the Value City Furniture and American Signature Furniture chains, fil...
American Signature, Inc. and its debtor affiliates⁽¹⁾, a Columbus, OH-based residential furniture retailer operating the Value City Furniture and American Signature Furniture chains, filed for Chapter 11 protection on Nov. 22 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $100 million to $500 million in assets and $500 million to $1 billion in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12105.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Laura Davis Jones
Pachulski Stang Ziehl & Jones LLP
Email: ljones@pszjlaw.com
Financial Advisor / CRO:
- Berkeley Research Group, LLC (Rudy Morando)
Investment Banker:
- SSG Capital Advisors, LLC
Special Counsel to Represent and Assist the Conflicts Committee:
- Goodwin Procter LLP
- Potter Anderson & Corroon LLP
Claims Agent:
- Kurtzman Carson Consultants, LLC dba Verita Global
Equity Security Holders:
- Schottenstein Stores Corporation – 100% Equity Interest