LL Flooring Holdings, Inc.
Case Number:
1:24-bk-11680
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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September 04, 2024
LL Flooring, Buyer In Talks To Skirt Ch. 11 Liquidation
Home improvement retailer LL Flooring has until end of day Thursday to finalize negotiations with a possible going-concern buyer, or it will pivot to a Chapter 11 liquidation of its hundreds of stores across the country, attorneys told a Delaware bankruptcy judge Wednesday.
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August 15, 2024
Behind The Proxy Fight Leading Up To LL Flooring's Ch. 11
LL Flooring had struggled with declining sales and increasing costs for years before it sought Chapter 11 protection Sunday to avoid defaulting on its loans and find a buyer. But in recent months, the national home renovation supplier was also warding off a shareholder's campaign to install new directors in the face of a plummeting stock price.
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August 13, 2024
Meet The Attorneys In LL Flooring's Ch. 11
A team of attorneys from Skadden Arps Slate Meagher & Flom LLP is representing national home improvement store LL Flooring in its $109.6 million bankruptcy.
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August 13, 2024
LL Flooring Gets Initial OK On $130M Ch. 11 Loan
Home renovation retailer LL Flooring got a Delaware bankruptcy judge's interim nod for an up to $130 million debtor-in-possession package as attorneys said at a hearing Tuesday that they need to nail down a stalking horse offer for the business by the end of the month or pivot to a Chapter 11 liquidation.