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Armstrong Flooring, Inc.

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1:22-bk-10426

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July 11, 2022
Armstrong Flooring Picks $107M Gordon Bros. Bid In Ch. 11

Building material maker Armstrong Flooring Inc. announced the selection of a Gordon Brothers venture as the winning bidder for its North American assets Sunday, canceling a Chapter 11 auction in favor of the $107 million offer.
June 03, 2022
Armstrong Flooring Frees Up Extra Cash In Ch. 11 DIP Deal

Bankrupt building supply manufacturer Armstrong Flooring Inc. told a Delaware judge Friday that it had reached a deal with its post-petition lenders that will provide extra cash to fund the debtor's operations until a Chapter 11 sale can close, resolving objections from unsecured creditors.
May 26, 2022
Armstrong Flooring Gets OK For Ch. 11 Auction In June

A Delaware bankruptcy judge approved Armstrong Flooring's plans to put its assets on the block by the end of next month after hearing the manufacturer had resolved all objections to the proposed short-deadline Chapter 11 sale.
May 13, 2022
Armstrong Flooring Strikes Deal For $24M Ch. 11 Loan

Armstrong Flooring on Friday told a Delaware bankruptcy judge it had reached a settlement in principle with its secured lenders to allow it to take out a trimmed-back $24 million Chapter 11 financing package and pay $14 million to critical vendors.
May 11, 2022
Armstrong Flooring Gets OK For Temporary Cash Use

A Delaware bankruptcy judge Wednesday granted flooring supplier Armstrong Flooring temporary access to cash collateral to allow it to pay employees and vendors while it tries to resolve lender objections to its proposed $30 million bankruptcy financing package.
May 09, 2022
Ch. 11 Cheat Sheet: Armstrong Flooring

Following losses due to inflation, supply chain problems and tough credit terms, Pennsylvania flooring supplier Armstrong Flooring hit Chapter 11 in Delaware in the wake of a failed attempt to find a buyer, saying it will seek to sell some or all of its assets in Chapter 11.
May 09, 2022
Armstrong Flooring Hits Ch. 11 In Del. With $160M Debt

Pennsylvania flooring supplier Armstrong Flooring hit Chapter 11 in Delaware with more than $160 million in secured debt in the wake of a failed attempt to find a buyer, saying it was facing rising costs, supply chain problems and tough credit terms.

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