Best Products Company, Inc. (1991)

Company

• Pre-filing annual sales: $1,785 (millions of current dollars)
• Pre-filing assets: $3,827 (millions of current dollars)
• Pre-filing number of employees: 31,800
• Sub-industry: 59 Miscellaneous Retail
• Place of incorporation: VA
• Court for city of headquarters: VA Richmond
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Weil Gotshal
• Date of filing: January 4, 1991
• Judge at filing: Tina L. Brozman
• Court district of filing: NY SD
• Court city of filing: New York
• Case number: 91-10048
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


• Case transferred? no
• Destination court of transfer: not applicable
• Creditors committee appointed? yes
• §363 sale: no 363 sale
• Dip loan final approval? yes
• Plan type: free fall


• Disposition status: confirmed
• Date of disposition: May 31, 1994
• Judge at disposition: Tina L. Brozman
• Days from filing to disposition: 1243

After the case

• Did firm emerge? Company emerged
• Did firm refile? emerged 5 years, refiled