New York, NY, June 24, 2004 -- In a lawsuit filed in the U.S. District Court for the District of New Jersey (Newark) on June 14, 2004, Bashian Bros., Inc., a nationally known importer and wholesaler of Oriental Rugs, has sued Home Depot U.S.A., Inc. d/b/a Expo Design Center for $710,665.00 on account of unpaid invoices due and owing.
As alleged in the complaint, Bashian supplied oriental rugs to Expo Design Center stores throughout the United States on a consignment basis pursuant to the Expo Design Center Hanging Partnership Program. When Expo Design Center recently terminated the Hanging Partnership Program, it failed and refused to pay for those Oriental Rugs which it was obligated to purchase pursuant to that program. Many of the invoices have remained unpaid for more than a year.
The Complaint was filed in the United States District Court for the District of New Jersey (Newark) on June 14, 2004, docket #04-2756.
