Flooring Companies That Filed Chapter 11

The parent company of ann taylor and loft ascena retail group filed for chapter 11 bankruptcy protection earlier this week on thursday listing more than 1 billion in liabilities.

Flooring companies that filed chapter 11.

Many are battle weary survivors of numerous layoffs purges and mergers. Trenton nj july 14 2020 congoleum one of america s oldest resilient flooring manufacturers founded in 1886 has initiated voluntary reorganization proceedings in the district of new jersey. Also called a reorganization plan. When a company files for chapter 11 the workforce is understandably nervous.

It had 2 800. 2 the same day as department store chain lord taylor. Your rights as an employee differ depending on whether your company filed a chapter 7 liquidation case or a chapter 11 reorganization case. Prosource of denver which operates a showroom at 730 s.

Pages in category companies that filed for chapter 11 bankruptcy in 2020 the following 88 pages are in this category out of 88 total. Tailored brands inc the parent company of men s wearhouse jos. Bank k g and moores filed for chapter 11 protection on aug. The denver franchisee of wholesale flooring retailer prosource has filed for chapter 11 bankruptcy.

This list may not reflect recent changes. Text is available under the creative commons attribution sharealike license. A company s formal strategy for exiting chapter 11 bankruptcy in a way that leaves the company stronger than it was before declaring bankruptcy. Chapter 11 is one of the easier methods of declaring bankruptcy and could help preserve any future.

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. As of july 23 roughly 40 retailers including big and small companies had filed for chapter 11 bankruptcy so far this year.