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Market
Will LL Flooring secure a buyer during bankruptcy 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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Similar markets
Yes • 50%
No • 50%
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%
Yes • 50%
No • 50%
Successful liquidation with full inventory clearance • 25%
Partial clearance with remaining inventory • 25%
Failed to clear significant inventory • 25%
Other outcome • 25%
