Footstar Inc.


  • Pre-filing annual sales: $3,896 (millions of current dollars)
  • Pre-filing assets: $1,053 (millions of current dollars)
  • Pre-filing number of employees: 21,098
  • Sub-industry: 56 Apparel And Accessory Stores
  • Place of incorporation: DE
  • Court for city of headquarters: NY White Plains
  • 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: March 2, 2004
  • Judge at filing: Adlai S. Hardin Jr.
  • Court district of filing: NY SD
  • Court city of filing: White Plains
  • Case number: 04-22350
  • Cause of bankruptcy: Fraud?
  • Forum shop? Filed at headquarters

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

  • Disposition status: confirmed
  • Date of disposition: January 25, 2006
  • Judge at disposition: Adlai S. Hardin Jr.
  • Days from filing to disposition: 694

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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