FBI Wind Down, Inc.

1:13-bk-12329

September 26, 2013
US Trustee Rips Breakup Fee In Furniture Brands Ch. 11 Sale

The U.S. trustee's office on Wednesday took issue with a proposed $6 million breakup fee attached to Oaktree Capital Management's $166 million stalking horse bid for bankrupt Furniture Brands International Inc., arguing it's too high given the cash portion of the deal.
September 13, 2013
Bankrupt Furniture Brands Seeks To Hand Out Bonuses

Bankrupt Furniture Brands International Inc. on Wednesday asked a federal judge in Delaware to let it pay more than $5 million in bonuses to 55 employees, including seven company insiders, if its assets are successfully sold at auction.
September 11, 2013
KPS May Enter Rival Bid For Bankrupt Furniture Brands

Private equity firm KPS Capital Partners LP crashed Furniture Brands International Inc.'s first-day hearing in Delaware bankruptcy court on Wednesday by signaling it was considering lodging a rival offer and alternative financing to prepetion lender Oaktree Capital Management’s $166 million bid and $140 million bankruptcy loan.