CIT Group Inc.

Company

• Pre-filing annual sales: $4,063 (millions of current dollars)
• Pre-filing assets: $110,439 (millions of current dollars)
• Pre-filing number of employees: 4,995
• Sub-industry: 61 Non-depository Credit Institutions
• Place of incorporation: DE
• Court for city of headquarters: NY New York
• In business at filing? emerged

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Skadden Arps
• Date of filing: November 1, 2009
• Judge at filing: Allan L. Gropper
• Court district of filing: NY SD
• Court city of filing: New York
• Case number: 09-16565
• Cause of bankruptcy: Not tort
• Forum shop? Filed at headquarters


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


• Disposition status: confirmed
• Date of disposition: December 8, 2009
• Judge at disposition: Allan L. Gropper
• Days from filing to disposition: 37

After the case

• Did firm emerge? Company emerged
• Did firm refile? emerged 5 years, did not refile