LIVERMORE, Calif. – RTA furniture specialist Z-Line Designs has filed for voluntary Chapter 7 bankruptcy protection in United States Bankruptcy Court for the Northern District of California.
In its Nov. 5 filing, the company listed between $100,000 and $500,000 in estimated assets and between $1 million and $10 million in estimated liabilities.
It listed more than 80 creditors on a list that included Staples Canada, FedEx, 220 Elm and Li & Feng International Holdings and Bureau Veritas. The list also included a number of mostly Asian source factories.
The company was founded in 1995 by Jim Sexton, president and CEO, who was not immediately available for comment.
Today it remains a major resource for home office furniture including desks, bookcase units file storage and seating. It also produces home entertainment units and fireplace consoles.
The line features largely contemporary designs featuring mostly smaller scale desks with clear and smoked tempered glass top work surfaces and wood and metal bases. While many of the pieces are smaller in scale they offer ample storage space in the form of pull out keyboard trays and shelves.
Over the years, the line has been sold at many online and brick and mortar retailers across the country including Wal-Mart, Conn’s, Costco, BestBuy, Target, Amazon, Overstock, Wayfair as well as office superstores such as Office Depot and Staples.