💥New Chapter 11 Bankruptcy Filing -- Armstrong Flooring Inc. ($AFI)💥

On Wednesday May 4th we previewed the possibility for a near-term chapter 11 bankruptcy filing of PA-based Armstrong Flooring Inc. ($AFI), a designer and manufacturer of “innovative” flooring solutions. Merely a few days later, the official filing was upon us.

On May 8, 2022, AFI and three affiliates (the “debtors”) filed in the District of Delaware (Ju…