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Will LL Flooring complete a going-concern sale by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
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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Sold to Nexus Capital Management • 25%
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