Pharma Investments, Ventures & Law Weekly
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Dormia, Inc.
Dormia, Inc. Retail Affiliates File for Chapter 11 Reorganization
July 6th, 2008
Dormia, Inc. and several affiliated companies with retail stores operated under the same name, today filed for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code here. Classic Sleep Products, Dormia's wholesale mattress manufacturing business, is not affected by the move and continues to service its customers as usual. Dormia currently has 20 stores in nine states, including: New York, Connecticut, Florida, Georgia, Indiana, Kentucky, North Carolina, New Jersey and Ohio. The company plans to use the reorganization process to determine strategic options for the locations and approximately 50 employees working in the division. All stores will remain...
Source: Pharma Investments, Ventures & Law Weekly (2008-07-06)
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