Tax dispute at heart of N.Y. retailer’s Chapter 11 claim - Furniture Today
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Tax dispute at heart of N.Y. retailer’s Chapter 11 claim - Furniture Today
BAY SHORE, N.Y. — A state tax claim of more than $2.3 million led retailer 5th Avenue Furniture Warehouse Inc. to file for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of New York on June 6. In the Bay Shore, N.Y.-based retailer’s filing, it listed $100,001 to $500,000 in estimated assets vs. $1,000,001 to $10 million in estimated liabilities to an estimated one to 49 creditors. Its list of unsecured creditors incl…
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