Hardwick Clothes Files Bankruptcy

Tuesday, December 3, 2013

Hardwick Clothes, Inc. filed a voluntary bankruptcy petition for Chapter 11 reorganization on Monday. The primary cause of the filing was the unexpected action of the Pension Benefit Guaranty Corporation in demanding immediate payment of liabilities related to Hardwick’s terminated pension plan and PBGC’s threat to file a tax lien on Hardwick’s assets if immediate payment is not made. 

Hardwick is filing Chapter 11 to protect its assets and 225 employees, and expects to continue business in the ordinary course during the bankruptcy proceedings. Hardwick feels confident it will emerge from Chapter 11 with a financially solid, ongoing business, officials said.

Hardwick Clothes is a 133-year-old tailored clothing manufacturer located in Cleveland.  The company was founded in 1880 and continues to produce all of their clothing in their Cleveland facility.


Miller & Martin Practices, Attorneys Recognized In 2017 Chambers USA

Chambers and Partners has recognized Miller & Martin in the 2017 Chambers USA: America's Leading Lawyers for Business report as a leading law firm in the practice areas of Labor & Employment, Corporate/M&A and Litigation: General Commercial, and also recognizes six of the firm’s attorneys. Individual lawyers are ranked on the basis of their legal knowledge and experience, ... (click for more)

Chattanooga Chamber Calendar Of Events May 30-June 2

Thursday, June 1 Downtown Chamber Council Meeting 7:30  - 9 a.m. Bessie Smith Hall: 200 E M L King Blvd. Speaker: Jay Raynor, Defoor Brothers Topic: City Center Development Join the Downtown Council for networking and breakfast from 7:30 - 8 a.m., with the program lasting from 8 - 9 a.m.   $15   East Ridge Chamber Council Meeting 11:45 a.m. - ... (click for more)

Bradley Detectives Investigating Death Of 18-Month-Old Child; Foul Play Not Suspected At This Time

Detectives in the Bradley County Sheriff's Criminal Investigations Division are investigating the death of an 18-month old child that occurred Saturday evening.   Multiple phone calls into the 911 Communications Center led to patrol deputies responding to a residence on Lowery Street, N.E. Upon arrival deputies discovered a deceased child inside the residence, which ... (click for more)

Corker Says President Trump's 1st International Trip "Executed To Near Perfection"

Senator Bob Corker (R-Tenn.), chairman of the Senate Foreign Relations Committee, on Sunday praised President Donald Trump for his first international trip.   He said, “I spoke with President Trump at length this morning and told him that I could not be more pleased with his first international trip. The trip was executed to near perfection and it appears the president ... (click for more)

Silence Ain’t Golden Anymore

There are times – moments – in life that you never forget. That night in 1972, sleeping over at my buddy Bart’s house, was one of them. We had been to a middle school concert and his big brother was in the band (very cool stuff for a 14-year-old!) and as we lay on the floor in our sleeping bags in Bart’s room he said he wanted to play a record that his brother listened to. And, ... (click for more)

Roy Exum: Prove No Improvement

The startling news that this year’s standardized testing was wasted on graduating seniors across Tennessee is most unsettling. This week it was learned the test results, which were to represent 10 percent of our seniors’ final grades, was a total bust. Coupled with last year’s gargantuan testing failure – the whole effort had to be scrapped -- it is now becoming realized that for ... (click for more)