Flagstar Companies, Inc.

Company

• Pre-filing annual sales: $4,701 (millions of current dollars)
• Pre-filing assets: $3,120 (millions of current dollars)
• Pre-filing number of employees: 93,000
• Sub-industry: 58 Eating and Drinking Places
• Place of incorporation: DE
• Court for city of headquarters: SC Spartanburg
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Latham Watkins
• Date of filing: June 27, 1997
• Judge at filing: data not available
• Court district of filing: SC
• Court city of filing: Spartanburg
• Case number: 97-05431
• 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: prenegotiated


• Disposition status: confirmed
• Date of disposition: November 12, 1997
• Judge at disposition: William Thurmond Bishop
• Days from filing to disposition: 138

After the case

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