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Today, RiteRug Flooring is run by the second and third generations of the founding family. [7] [8] The company has expanded its product line over 85+ years of business to include the sale and installation of hardwood, laminate, tile, and vinyl flooring. [7] RiteRug Flooring currently operates 40 stores in 11 states, 12 of which are in Central ...
On September 3, 2024, LL Flooring announced that it would shut down its operations and close all 424 locations nationwide after being unable to come to a stalking horse agreement with bidders. [10] However, on September 9, the company reached a last-minute agreement with F9 Investments, a private-equity firm led by the company's founder Thomas ...
USG once again declared bankruptcy on June 25, 2001, under Chapter 11 to manage the growing asbestos litigation costs. USG was the eighth company in an 18-month period that was forced to utilize Chapter 11 to resolve asbestos claims. In the prior two decades, 27 companies filed for protection under Chapter 11 because of asbestos litigation.
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More than 1,580 defendants have been charged and more than 1,270 convicted in the Jan. 6 investigation, on charges ranging from unlawful parading to seditious conspiracy.
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