Flooring Companies That Filed Chapter 11

A company s formal strategy for exiting chapter 11 bankruptcy in a way that leaves the company stronger than it was before declaring bankruptcy.

Flooring companies that filed chapter 11.

When a company files for chapter 11 the workforce is understandably nervous. Chapter 11 is one of the easier methods of declaring bankruptcy and could help preserve any future. Pages in category companies that filed for chapter 11 bankruptcy in 2020 the following 88 pages are in this category out of 88 total. Bank k g and moores filed for chapter 11 protection on aug.

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. The denver franchisee of wholesale flooring retailer prosource has filed for chapter 11 bankruptcy. Your rights as an employee differ depending on whether your company filed a chapter 7 liquidation case or a chapter 11 reorganization case. Filing for chapter 11 gives companies one last opportunity to be successful.

Tailored brands inc the parent company of men s wearhouse jos. Many are battle weary survivors of numerous layoffs purges and mergers. 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. That exceeds the number of retail bankruptcies for all of last year.

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. Companies that filed for chapter 11 bankruptcy in 2019 53 p companies that filed for chapter 11 bankruptcy in 2020 89 p this page was last edited on 24 october 2016 at 01 13 utc. As of july 23 roughly 40 retailers including big and small companies had filed for chapter 11 bankruptcy so far this year. Also called a reorganization plan.

This list may not reflect recent changes. Prosource of denver which operates a showroom at 730 s.