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Published on 7/20/2011 in the Prospect News Distressed Debt Daily.

Berkline/BenchCraft posts $239,000 net loss for June on zero revenues

By Caroline Salls

Pittsburgh, July 20 - Berkline/BenchCraft LLC reported a $239,000 net loss for June on zero revenues, according to its monthly operating report filed July 20 with the U.S. Bankruptcy Court for the District of Delaware.

The company had $228,000 in cash and cash equivalents at June 30.

Berkline/BenchCraft, a Morristown, Tenn.-based designer, innovator and manufacturer of residential upholstered furniture, filed for bankruptcy on May 2. The Chapter 11 case number is 11-11369.


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