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Indiana retailer<br />
in receivership<br />
tBo llc, w h Ic h operated mattreSS StoreS in Indiana, has<br />
been placed in receivership by a Marion County<br />
Superior Court, The Indianapolis Star reported<br />
March 19.<br />
The Indianapolis-based mattress retailer was<br />
founded in 1978 and operated a chain of 16 mattress<br />
stores in central Indiana as Today’s Bedroom<br />
One, Mattress Gallery and Today’s Kids showrooms.<br />
Paul Liberatore, Jeffrey Hanna and TBO LLC<br />
were named in court papers as debtors to Huntington<br />
National Bank when they missed February and<br />
March payments on $2.39 million in loans. Court<br />
papers say that TBO’s debt is greater than its worth,<br />
making it insolvent.<br />
The receiver was charged with managing the<br />
company’s finances and doing what is necessary to<br />
recover monies owed to the bank and other creditors.<br />
A notice at the retailer’s Web site indicated that<br />
all inventory was to be liquidated in a one-week<br />
sale and the stores were to be closed permanently.<br />
www.sleepproducts.org/bedtimes<br />
Interzum Shorts<br />
Lava Textiles expands line<br />
Lava Textiles, a family-owned circular knit supplier<br />
with locations in Wielsbeke, Belgium, and<br />
Gastonia, N.C., is presenting a range of designs<br />
and fabrics incorporating new yarns, colors and<br />
finishes at Interzum Cologne. The company will<br />
emphasize its Eco-range of organic cottons, natural<br />
blends and recycled polyesters. Lava’s other<br />
specialty items include aloe vera, Silpure, Actigard<br />
and microencapsulation finishes, as well as<br />
bamboo, Lenpur, cashmere, silk, CoolPlus, Ingeo,<br />
kapok, milk and other fibers.<br />
Wright showcases new solutions<br />
Wright of Thomasville, a supplier of graphic<br />
design services, point-of-sale materials and other<br />
items based in Thomasville, N.C., will be showing<br />
eco-friendly products at Interzum Cologne,<br />
including bamboo and bio-cotton printed foot protectors,<br />
as well as a full line of woven, satin and<br />
embroidery labels and other showroom materials.<br />
JoAnne Bennett, account executive, and Alex Con,<br />
international rep, will be on hand to meet with<br />
mattress makers.<br />
<strong>BedTimes</strong> | May 2009 | 75
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