{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-198385","form_type":"8-K","ticker":null,"cik":"0001396033","company_name":"LL Flooring Holdings, Inc.","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.898873+00:00","generated_at":"2026-05-31T09:59:29.582524+00:00","sec_items":["1.01","1.03","2.04","2.05","5.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"LL Flooring files Chapter 11, plans going-concern sale, closes 94 stores","bullets":["Filed Chapter 11 on Aug 11, 2024 in Delaware; pursuing going-concern sale of business.","Received commitment for up to $130M DIP financing from Bank of America-led group.","94 stores to close; Hilco appointed for store-closing sales.","CFO Robert Madore resigned; Susan Bryan named interim CFO.","Nonbinding LOI for Sandston, VA distribution center sale for ~$100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-198385","json":"https://secwatch.observer/filing/0001193125-24-198385.json","markdown":"https://secwatch.observer/filing/0001193125-24-198385.md","text":"https://secwatch.observer/filing/0001193125-24-198385.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/d794510d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:59:29.582524+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c2265bebb2ba21694ef9be00b6a05270873065d","claim":"LL Flooring Holdings, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-08-11).","evidence_excerpt":"On August 11, 2024, the Company, together with certain of its direct and indirect subsidiaries (the “ Debtors ”), filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the District of Delaware (the “ Bankruptcy Court ”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2024-08-11"}],"fact_type":"distress_event"},{"claim_id":"09d8b8eaac","claim":"Jill Witter resigned as Director at LL Flooring Holdings, Inc..","evidence_excerpt":"On August 8, 2024, each of Thomas Sullivan, Jason Delves and Jill Witter (collectively, the “ F9 Directors ”) delivered notice of their respective resignation as a member of the Board effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"3224e667ef","claim":"Jason Delves resigned as Director at LL Flooring Holdings, Inc..","evidence_excerpt":"On August 8, 2024, each of Thomas Sullivan, Jason Delves and Jill Witter (collectively, the “ F9 Directors ”) delivered notice of their respective resignation as a member of the Board effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"533d0c593a","claim":"Susan Bryan was appointed as Interim Chief Financial Officer at LL Flooring Holdings, Inc..","evidence_excerpt":"On August 9, 2024, the Board appointed Susan Bryan to serve as interim Chief Financial Officer of the Company, replacing Mr. Madore.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"6509b1aa75","claim":"Thomas Sullivan resigned as Director at LL Flooring Holdings, Inc..","evidence_excerpt":"On August 8, 2024, each of Thomas Sullivan, Jason Delves and Jill Witter (collectively, the “ F9 Directors ”) delivered notice of their respective resignation as a member of the Board effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7187946f05","claim":"Robert L. Madore Jr. resigned as Chief Financial Officer and Executive Vice President of Finance at LL Flooring Holdings, Inc..","evidence_excerpt":"On August 9, 2024, Robert L. Madore Jr., gave notice to the Board that he was resigning for Good Reason (as defined in Mr. Madore’s severance agreement) as the Company’s Chief Financial Officer and Executive Vice President of Finance at LL Flooring, Inc., effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer and Executive Vice President of Finance"}],"fact_type":"executive_change"},{"claim_id":"9c652f600d","claim":"Holly Etlin was appointed as Chief Restructuring Officer at LL Flooring Holdings, Inc..","evidence_excerpt":"On August 7, 2024, the Board appointed Ms. Holly Etlin, Partner and Managing Director of AlixPartners, LLP (“ AlixPartners ”), as Chief Restructuring Officer of the Company (the “ CRO ”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Restructuring Officer"}],"fact_type":"executive_change"},{"claim_id":"9e29b0746e","claim":"Deb Rieger-Paganis was appointed as Deputy Chief Restructuring Officer at LL Flooring Holdings, Inc..","evidence_excerpt":"On August 7, 2024, the Board appointed Ms. Deb Rieger-Paganis, Partner and Managing Director of AlixPartners, as Deputy Chief Restructuring Officer of the Company (the “ Deputy CRO ”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Deputy Chief Restructuring Officer"}],"fact_type":"executive_change"},{"claim_id":"0c7555aab541f53867647b0eb4f152c301678da9","claim":"LL Flooring Holdings, Inc. announced a restructuring affecting 94 stores located throughout the United States.","evidence_excerpt":"On August 7, 2024, the Board of Directors (the “ Board ”) of the Company determined, after considering all reasonably available options and a thorough and exhaustive review process, that it is in the best interests of its stakeholders to discontinue further financial and operational support for certain of its stores located throughout the United States. The Company has committed to a plan to conduct going-out-of-business sales at and close 94 stores.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Affected area","value":"94 stores located throughout the United States"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}