Michigan Art Van stores could reopen under new name Bankruptcy judge approves deal
Bankruptcy filing reveals what went wrong for Art Van Furniture
DETROIT – A United States bankruptcy judge approved a deal that includes a private-equity firm in Texas buying 17 now-shuttered Art Van locations in Michigan.
That means some Art Van furniture stores could reopen under a new name. The sale could be finalized this week.
MORE : Art Van closure creates ripple effect from employees to Metro Detroit convenience stores
Art Van officially filed for Chapter 11 bankruptcy on March 8.
READ : Art Van officially files for Chapter 11 bankruptcy
The company announced in March that it planned to close all of its company owned stores in Michigan, Illinois, Indiana, Missouri, and Ohio.
READ : Bankruptcy filing reveals what went wrong for Art Van Furniture
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Kayla is a Web Producer for ClickOnDetroit. Before she joined the team in 2018 she worked at WILX in Lansing as a digital producer.
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