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United Furniture begins sale process of Lane Furniture real estate

Published

2 years ago

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United Furniture has begun the sale process of all Lane Furniture real estate as a part of its Chapter 11 liquidation.

On November 22, United’s 2,700 employees were notified via text message and email that the company had chosen to make major layoffs just two days before Thanksgiving. Out of the hundreds of workers, 1,100 were located in north Mississippi.

One month later, Wells Fargo and two additional creditors pressed for United to file Chapter 7 bankruptcy, as United/Lane Furniture owed almost $100 million to the three entities.

Instead, a judge with the U.S….

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By: Alyssa Arbuckle
Title: United Furniture begins sale process of Lane Furniture real estate
Sourced From: www.supertalk.fm/united-furniture-begins-sale-process-of-lane-furniture-real-estate/
Published Date: Wed, 19 Apr 2023 13:06:06 +0000

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Mississippi News

Attorneys file motion to delay Jackson bribery trial

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13 hours ago

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November 21, 2024

By

www.wjtv.com – Kaitlin Howell – 2024-11-21 16:41:00

SUMMARY: In connection with the Jackson bribery scandal, attorneys for federal officials and local leaders filed a motion to postpone the trial to allow time for extensive evidence review, including hours of recordings and thousands of pages of documents. Key figures charged include Hinds County DA Jody Owens, Jackson Mayor Chokwe A. Lumumba, and Councilman Aaron Banks, each facing multiple counts of conspiracy related to bribery and fraud. The scandal involves alleged bribes amounting to over $80,000 related to a downtown development project, facilitated by individuals posing as real estate developers working with the FBI.

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Mississippi News

Family of Dexter Wade rallies outside JPD nearly two years after his death

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1 day ago

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November 20, 2024

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www.wjtv.com – Tia McKenzie – 2024-11-20 14:20:00

SUMMARY: Nearly two years after Dexter Wade’s death, his family continues seeking justice. On November 20, Dexter Wade Day was observed in Jackson, declared by Councilman Kenneth Stokes. Wade, hit by a Jackson police cruiser in March 2023, was later found in a pauper’s grave in Hinds County, and his mother, Bettersten Wade, was unaware of his death until August 2023. She believes his death was covered up. No arrests have been made, and authorities consider it an accident. Jackson Police Chief Joseph Wade expressed condolences and shared updates on new policies to prevent similar tragedies.

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Mississippi News

Man shot while helping with stalled vehicle in Jackson

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1 day ago

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November 20, 2024

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www.wjtv.com – Kaitlin Howell – 2024-11-20 19:08:00

SUMMARY: A man was shot in Jackson, Mississippi, while attempting to assist a person with a stalled vehicle on State Street at Beasley Road around 4:00 p.m. on November 20. Detective Tommie Brown reported that the victim was working on the vehicle when the suspect approached, questioned him, and then opened fire. The assailant fled the scene in a vehicle. Fortunately, the victim sustained non-life-threatening injuries and was taken to a local hospital. The Jackson Police Department is seeking information about the incident and encourages anyone with details to contact them or Crime Stoppers.

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