Armstrong Flooring gets OK for Ch. 11 Auction in June

By Rick Archer (May 26, 2022, 7:15 p.m. EDT) – A Delaware bankruptcy judge has approved Armstrong Flooring’s plans to put its assets on the block by the end of next month after hearing that the manufacturer had resolved all objections to the proposed short -sale deadline Chapter 11.

In a virtual hearing on Thursday, U.S. Bankruptcy Judge Mary F. Walrath approved Armstrong’s sale plan, which aims to sell all of the company’s global assets within 45 days of filing Chapter 11 bankruptcy. society.

Armstrong, one of the world’s leading producers of vinyl flooring materials, filed for Chapter 11 protection on May 8 with more than $160 million in secured debt, saying it was looking to sell…

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
  • Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and more!



Comments are closed.