FLAG Telecom Holdings, Ltd

Company

• Pre-filing annual sales: $132 (millions of current dollars)
• Pre-filing assets: $5,739 (millions of current dollars)
• Pre-filing number of employees: 345
• Sub-industry: 48 Communications
• Place of incorporation: Bermuda
• Court for city of headquarters: Outside United States
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Gibson Dunn
• Date of filing: April 12, 2002
• Judge at filing: Allan L. Gropper
• Court district of filing: NY SD
• Court city of filing: New York
• Case number: 02-11732
• 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: September 26, 2002
• Judge at disposition: Allan L. Gropper
• Days from filing to disposition: 167

After the case

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