Armstrong Flooring, Inc.

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Case overview

Case Number:

1:22-bk-10426

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

April 06, 2023
US Trustee Says Armstrong Flooring Ch. 11 Exit Too Long

The U.S. Trustee's Office told a Delaware bankruptcy judge Thursday that Armstrong Flooring Inc.'s proposal for a drawn-out exit from Chapter 11 is unacceptable, saying that despite its inability to confirm a plan or pay expenses, the company wants to remain in bankruptcy indefinitely.
August 05, 2022
Scouts' Plan Mostly Approved, Jones Hit With $50M Verdicts

The Boy Scouts of America got a court's nod for the linchpin of its $2.7 billion Chapter 11 plan, the defamation damages trial of conspiracy theorist Alex Jones and his bankrupt media enterprise resulted in nearly $50 million in damages, and customers of cryptocurrency platform Voyager Digital can withdraw their cash from custodial accounts. This is the week in bankruptcy.
July 29, 2022
Armstrong Flooring Gets Court OK For Trademark Settlement

Bankrupt Armstrong Flooring Inc. is moving ahead with sales of its assets in China, Australia and New Zealand after getting a bankruptcy court's approval for a $1 million settlement with the company's former parent Armstrong World Industries Inc. over trademark rights.
July 28, 2022
3M Earplug Suits Lead To Ch. 11, Talc Claims To Be Estimated

Military veteran claims pushed earplug maker and 3M unit Aearo into bankruptcy, a New Jersey judge ordered an estimation process for talc claims in the Chapter 11 of Johnson & Johnson's talc unit and the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital are not responding to subpoenas. This is the week in bankruptcy.
July 25, 2022
Armstrong Flooring Seeks OK Of $1M Ch. 11 Trademark Deal

Bankrupt Armstrong Flooring Inc. asked a Delaware judge Monday to fast-track approval for a $1 million settlement of a trademark dispute, citing worries that a licensing company's quick appeal from a Friday order to surrender the rights could derail Armstrong Flooring's Chapter 11 sale.
July 22, 2022
Judge Orders Armstrong IP Released To Close Ch. 11 Sales

A Delaware bankruptcy judge on Friday ordered Armstrong World Industries Inc. to immediately sign over perpetual, royalty-free rights to use of the Armstrong brand for flooring and tile products, allowing bankrupt Armstrong Flooring Inc. to complete $203.3 million in sales of its businesses in North America, China and Australia.
July 21, 2022
Armstrong Sues Ex-Parent Co. For Risk To $203M Ch. 11 Sale

Bankrupt Armstrong Flooring Inc. has sued its former parent and licensing subsidiary in Delaware bankruptcy court, alleging that they are jeopardizing $203.3 million worth of sales and putting the debtor at risk of liquidation by refusing to sign over the necessary trademark rights.
July 18, 2022
Armstrong Flooring Gets OK For Deal To End Pensions

Armstrong Flooring Inc. got approval from a Delaware bankruptcy judge on Monday for a $350,000 cash settlement with retirees protesting the loss of their benefits, along with final approval of the company's $197 million asset sale order and funding for its final wind-down.
July 13, 2022
Crypto Issues Grow, Mediation Over Abuse OK'd In Ch. 11

Liquidators were cleared to take discovery from the founders of foundering Three Arrows Capital, account holders of cryptocurrency broker Voyager Digital hold out hope for recovery, and mediation of sex abuse claims in the case of a New York youth club was approved. This is the week in bankruptcy.
July 12, 2022
Armstrong Flooring Gets Court's OK To Sell Assets For $197M

Armstrong Flooring Inc. won a bankruptcy court's tentative approval Tuesday to complete $197 million in sales of its North American, Australian and China-based assets after an all-night, all-day scramble to resolve objections from landlords, insurers, trade vendors, unions, and the lenders financing the building material maker's bankruptcy.

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