Best Products Company, Inc. (1996)

Company

• Pre-filing annual sales: $2,812 (millions of current dollars)
• Pre-filing assets: $1,348 (millions of current dollars)
• Pre-filing number of employees: 14,200
• 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: September 24, 1996
• Judge at filing: Douglas O. Tice Jr.
• Court district of filing: VA ED
• Court city of filing: Richmond
• Case number: 96-35267
• Cause of bankruptcy: Not tort
• Forum shop? Filed at headquarters


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


• Disposition status: confirmed
• Date of disposition: May 29, 1997
• Judge at disposition: Douglas O. Tice Jr.
• Days from filing to disposition: 247

After the case

• Did firm emerge? company did not emerge
• Did firm refile? not emerged 5 years