One of Building 19's largest unsecured creditors is the town of Norwood, owed $306,651 in back taxes, according to a listing filed by the company in US Bankruptcy Court in Boston on Friday.
The company, which blames competition from the Internet, actually owes New Bedford even more - some $353,000.
First Anthony's Pier 4, then the Hilltop, now Building 19. Chapter 11 Cases reports the iconic chain for cheap New Englanders has filed for Chapter 11 - and plans to liquidate, rather than just reorganize:
If you saw one of those Building 19 circulars advertising the sale of some salvaged Swarovski crystal, would you assume Swarovski was going downmarket?
A federal appeals court ruled today that the maker of expensive crystal is going to have to do a better job proving such an ad would confuse consumers if it wants to win a lawsuit seeking to bar Building 19 from mentioning its name at all as it tries to unload $500,000 worth of Swarovski goods salvaged from a warehouse hit by a tornado.
Some Assembly Required explains why, for him, Building 19 is a sensation best savored only on rare occasions.