Heritage Home Group LLC, along with four subsidiaries and affiliates, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-11736). Heritage, based in High Point, North Carolina, was formed in November 2013 by KPS Capital Partners to acquire the assets of Furniture Brands International through a sale under Section 363 of the Bankruptcy Code in Furniture Brands International’s 2013 Chapter 11 filing (Lead Case No. 13-12329). According to the First Day Declaration, Heritage has filed as a result of strong economic headwinds and declining sales. Heritage enters Chapter 11 having secured $98 million in Debtor-in-Possession financing from PNC Bank, and intends to sell substantially all of its assets under Section 363 of the Bankruptcy Code. Kurtzman Carson Consultants in the proposed claims and noticing agent. The cases have been assigned to the Honorable Christopher S. Sontchi.