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WOODBURY, N.Y. — jennifer convertibles Inc. filed for Chapter 11 bankruptcy protection following liquidity problems, the sofabed seller said Monday. The company agreed with its largest creditor and foreign supplier Haining Mengnu Co. to convert a large WOODBURY, N.Y. (AP) — jennifer convertibles filed for Chapter 11 bankruptcy protection following liquidity problems, the sofabed seller said Monday. The company agreed with its largest creditor and foreign supplier Haining Mengnu Co. to convert a large (NBC) - Rose Zapotochny bought a leather sofa from jennifer convertibles in 2005 for nearly $1,700. But she says that within a year, it was already falling apart. "You sit on the couch and when you get up, parts of it peel off," she said. And it turns out WOODBURY, N.Y. -- Jennifer Convertibles has filed for Chapter 11 bankruptcy protection following liquidity problems. The sofabed retailer has agreed with its largest creditor and foreign supplier Haining Mengnu Co. to convert a large part of its pre-filing WOODBURY, N.Y. — Jennifer Convertibles Inc. has filed for Chapter 11 bankruptcy protection following liquidity problems, the sofabed seller said yesterday. The company agreed with its largest creditor and foreign supplier Haining Mengnu Co. to convert a Woodbury, N.Y. Home furnishings retailer Jennifer Convertibles said Monday that it has filed for reorganization bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York. The retailer said it has reached an agreement with its largest .
Woodbury pull-out couch maker Jennifer Convertibles on Tuesday said its fiscal first quarter loss more than tripled on soft sales attributed to the rocky economy. For the quarter ended Nov. 29, Jennifer posted a net loss of $1.87 million, or 26 cents per (Crain's) — Jennifer Convertibles Inc. is closing at least 50 of its roughly 140 stores nationwide — including its Clybourn Corridor location and at least four others in the Chicago area — as the sofa bed retailer tries to work its way out of Chapter Furniture operator Jennifer Convertibles Inc. has entered bankruptcy but will continue to operate, Dow Jones Newswires reports. Real-estate investment trust Inkeepers USA Trust is getting ready to file for bankruptcy protection, The Wall Street Journal .
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