Loading...
Market
What will be the outcome of LL Flooring's bankruptcy proceedings by end of 2024?
2
Resolution / Starting Odds
Going-concern sale • 25%
Liquidation • 25%
Debt restructuring • 25%
Other • 25%
Official announcements from LL Flooring or court filings
Story
LL Flooring Files for Voluntary Chapter 11 Bankruptcy with $130 Million Financing
Aug 12, 2024, 02:27 AM
LL Flooring, a specialty flooring retailer listed on the NYSE under the symbol LL, has filed for voluntary Chapter 11 bankruptcy. The company initiated the bankruptcy proceedings in a Delaware district court to facilitate a going-concern sale. LL Flooring has secured $130 million in debtor-in-possession financing to support its operations during the bankruptcy process.
View original story
Similar markets
Sale to Nexus Capital Management completed • 25%
Sale to another bidder • 25%
Reorganization without sale • 25%
Liquidation • 25%
Complete liquidation • 25%
Partial liquidation with store retention • 25%
Acquisition by Nexus Capital Management • 25%
Acquisition by another party • 25%
Successful liquidation with full inventory clearance • 25%
Partial clearance with remaining inventory • 25%
Failed to clear significant inventory • 25%
Other outcome • 25%
Emerge successfully • 25%
Liquidate assets • 25%
Merge with another company • 25%
Other outcome • 25%
Emerges successfully • 25%
Acquired by another company • 25%
Liquidates assets • 25%
Other • 25%
Reorganization and emergence from bankruptcy • 25%
Sale to another company • 25%
Liquidation of assets • 25%
Other • 25%
Reorganization • 25%
Sale to another company • 25%
Liquidation • 25%
Other • 25%
Acquired by another company • 25%
Reorganizes and continues operations independently • 25%
Liquidates assets • 25%
Other • 25%
Sold to Nexus Capital Management • 25%
Sold to another party • 25%
No sale, continue liquidation • 25%
Other outcome • 25%
Company is sold • 25%
Company is restructured and continues operations independently • 25%
Company is liquidated • 25%
Other • 25%