According to Liqui Tec Vice President Katherine Walls, her company is now conducting a complete liquidation of all furniture, fixtures and equipment including material handling equipment, embroidery and fabric machines, office furniture and business machines at Pierre Deux's two warehouse and distribution centers. Liquidation items can be inspected at the Seaview Drive location until 12 p.m. 31 and at the Enterprise Avenue location from 9 a.m. Consumers still expect to find an array of items from home décor, furniture, rugs, tabletop items, lighting, handbags, wall paper and fabrics.
Pierre Deux’ former warehouse/distribution facilities are located at 180 Seaview Dr. Pierre Le Vec and Pierre Moulin opened the first Pierre Deux shop in Greenwich Village in 1967, promoting French art de vivre and the French country way to America.
"Hesser and Williams conspired with each other to use their control over the One Cap defendants to induce plaintiffs into investing in One Cap's loans under false pretenses," the lawsuit charges.
The firm works with clients including the Fortune 1000, major manufactures, contractors, suppliers, asset-based lenders and professionals to sell non-strategic and surplus assets.
In June, an associated company, One Cap Holding Corp., filed for Chapter 7 bankruptcy liquidation. One Cap Mortgage's filing listed estimated assets of zero to ,000 and liabilities of 0,000 to 0,000.