Bankruptcy petition filed against USA Baby Inc.
BY Staff -- Home Textiles Today, 9/12/2008 2:12:00 PM
Chicago -- Three creditors have filed an involuntary bankruptcy petition against the retailer USA Baby Inc., the corporate entity based in Lombard, Ill.
The creditors are Wallis Kraham of Binghamton, N.Y., Jack B. Whisler of Arlington Heights, Ill. and Leslie Ruess of San Diego.
The petition was filed in the U.S. Bankruptcy Court, Northern District of Illinois on Sept. 5, 2008. It requests an order for relief under Chapter 11.
The petitioning creditors are claiming breach of subscription agreement and seeking a combined total of $122,875.60.
(Reported by Kids Today, a sister publication of HTT.)
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