General Development Corp.

Company

• Pre-filing annual sales: $1,178 (millions of current dollars)
• Pre-filing assets: $2,221 (millions of current dollars)
• Pre-filing number of employees: 5,300
• Sub-industry: 65 Real Estate
• Place of incorporation: DE
• Court for city of headquarters: FL Miami
• In business at filing? emerged

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Wilmer Cutler
• Date of filing: April 6, 1990
• Judge at filing: data not available
• Court district of filing: FL SD
• Court city of filing: Miami
• Case number: 90-12231
• Cause of bankruptcy: Fraud
• Forum shop? Filed at headquarters


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


• Disposition status: confirmed
• Date of disposition: March 27, 1992
• Judge at disposition: A. Jay Cristol
• Days from filing to disposition: 721

After the case

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