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Who will be the new owner of LL Flooring after bankruptcy proceedings by end of 2024?
4
Resolution / Starting Odds
Private equity firm • 25%
Competitor in the flooring industry • 25%
New independent owner • 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.
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