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Art Van heir: Retailer not set up to fail by family sale to PE firm

A judge has approved a $8 million settlement that ends claims made by a bankruptcy trustee against the Van Elslander heirs.

United statesKim yostVan elslanderThomash leeAlistair blacklockCraig goldblattGary van elslanderKirkland ellisJc reindldetroit freeNational union fire insurance company of pittsburghUs bankruptcy courtHart vanArt van furnitureArt van elslanderNational union fire insurance companyVan furniture

Here s how Art Van heirs, trustee settled bankruptcy lawsuit

The settlement closes the latest chapter in the downfall of the Warren, Mich.-based, former Top 100 retailer.

United statesVan elslanderGary van elslanderThomash leeCraig goldblattAlfredt giulianoDetroit freeUs bankruptcy courtDetroit free pressNational union fire insurance companyArt van elslanderArt van furnitureNational union fire insuranceFree pressHart vanUnited states code

Bankruptcy judge approves $8M settlement in Art Van Furniture case

A lawsuit last year accused the family of the furniture retailer s founder of making more than $105 million in "fraudulent transfers."

United statesVan elslandersCraig goldblattGary van elslanderThomash leeRichard kim yostAlfredt giulianoVan elslanderStart man furnitureA us bankruptcy courtNational union fire insurance coArt van furnitureNational unionHart vanKim yostMetro detroit

Where in SW Chicagoland did The RoomPlace open its newest store?

The Top 100 retailer s latest showroom is in a 70,000-square-foot space that was once an Art Van Furniture location.

United statesDowners groveBruce bermanWoodridge fire departmentArt van furnitureWoodridge fire

Art Van heirs would pay nothing out of pocket in $8M bankruptcy settlement

Nearly all money in the proposed settlement with the Art Van Furniture bankruptcy trustee would come from business insurance policy proceeds.

United statesVan elslanderKim yostAlfred giulianoThomash leeGary van elslanderNational union fire insurance company of pittsburghNational unionHart vanNational union fire insurance companyArt van president gary elslanderArt van furnitureArt van elslanderFree press

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