LL Flooring, formerly known as Lumber Liquidators, has filed for Chapter 11 bankruptcy and announced the closure of 94 stores across more than 30 states, including Texas. According to filings made in Delaware bankruptcy court on Sunday, the company is grappling with nearly $110 million in long-term … [Read more...]
Understanding Chapter 11 Bankruptcy in Texas
Chapter 11 bankruptcy is a process that offers businesses a structured framework to reorganize their financial affairs and emerge as viable entities. At Warren & Migliaccio, we only handle personal bankruptcy cases, like Chapter 7 and Chapter 13, but we have prepared this blog to explain the … [Read more...]