In this paper we examine well-posedness for a class of fourth-order nonlinear parabolic equation $\partial_t u + (-\Delta)^2 u = \nabla \cdot F(\nabla u)$, where $F$ satisfies a cubic growth conditions. We establish existence and uniqueness of the solution for small initial data in local BMO spaces. In the cubic case $F(\xi) = \pm \lvert \xi \rvert^2 \xi$ we also examine the large time behaivour and stability of global solutions for arbitrary and small initial data in VMO, respectively.