I read six different articles on the FurnitureToday website posted by OP.

One legal opinion was the violation of the WARN ACT. It states that employees are to be given 60 days notice of plant closure for over 50 employees. They have to give COBRA coverage. A lawsuit by a former employee has already been filed.

One article hinted that United/Lane furniture will file for bankruptcy. If this is the case, the probability of the employees getting any compensation will be long coming.

Check out the website. Some interesting articles about the furniture industry.