Flooring Companies That Filed Chapter 11 January

The company filed for chapter 11 bankruptcy protection on march 8 but the covid 19 pandemic killed its ability to reorganize under chapter 11 forcing it to convert to a chapter 7 liquidation.

Flooring companies that filed chapter 11 january. Armstrong world industries inc a subsidiary of armstrong holdings inc was added to the growing roster of companies that have filed for chapter 11 bankruptcy court protection due to the. Bankruptcy court in the southern district of texas in houston. The company filed for chapter 11 protection with the u s. In the athmar park neighborhood said in a friday filing that it owes between 1 million and 10 million to between 100 and 200 creditors.

D j hareg trucking llc filed for voluntary chapter 11 bankruptcy protection january 21 2020 in the eastern district of north carolina. The denver franchisee of wholesale flooring retailer prosource has filed for chapter 11 bankruptcy. Prosource of denver which operates a showroom at 730 s. A company s formal strategy for exiting chapter 11 bankruptcy in a way that leaves the company stronger than it was before declaring bankruptcy.

In its chapter 11 filing fts noted between 200 and 999 creditors. Also called a reorganization plan. On august 27 it said it was beginning the process of liquidating all of its stores. The company s funded debt obligations totaled 446 7 million according to fts cfo lance turner in the filing.

The company has said day to day. Lord taylor parent company le tote filed for chapter 11 bankruptcy on august 2 and said it would seek a buyer. Modell s sporting goods a new york institution since 1889 filed for chapter 11 on march 11 and announced plans to close all 153 of its stores spread throughout the northeast. Text is available under the creative commons attribution sharealike license.