Divi Hotels, N.V.


  • Pre-filing annual sales: $202 (millions of current dollars)
  • Pre-filing assets: $454 (millions of current dollars)
  • Pre-filing number of employees: 2,500
  • Sub-industry: 70 Hotels, Rooming Houses, Camps, and Other Lodging Places
  • Place of incorporation: Aruba
  • Court for city of headquarters: Outside United States
  • In business at filing? emerged

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Gibson Dunn
  • Date of filing: July 25, 1991
  • Judge at filing: A. Jay Cristol
  • Court district of filing: FL SD
  • Court city of filing: Miami
  • Case number: 91-13587
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

  • Case transferred? no
  • Destination court of transfer: not applicable
  • Creditors committee appointed? yes
  • ยง363 sale: no 363 sale
  • Dip loan final approval? data not available
  • Plan type: prenegotiated

  • Disposition status: confirmed
  • Date of disposition: October 1, 1991
  • Judge at disposition: A. Jay Cristol
  • Days from filing to disposition: 68

After the case

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

The BRD has been supported by grants from these organizations:

National Conference of Bankruptcy Judges

Turnaround Management Association

American Bankruptcy Institute

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