Global TeleSystems, Inc.

Company

• Pre-filing annual sales: $1,709 (millions of current dollars)
• Pre-filing assets: $4,733 (millions of current dollars)
• Pre-filing number of employees: 2,930
• Sub-industry: 48 Communications
• Place of incorporation: DE
• Court for city of headquarters: VA Alexandria
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? creditors
• Debtor's lead attorney: Shearman Sterling
• Date of filing: October 11, 2001
• Judge at filing: Erwin I. Katz
• Court district of filing: DE
• Court city of filing: Wilmington
• Case number: 01-11280
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


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


• Disposition status: confirmed
• Date of disposition: February 21, 2002
• Judge at disposition: Erwin I. Katz
• Days from filing to disposition: 133

After the case

• Did firm emerge? company did not emerge
• Did firm refile? not emerged 5 years