Itel Corporation

Company

• Pre-filing annual sales: $706 (millions of current dollars)
• Pre-filing assets: $4,809 (millions of current dollars)
• Pre-filing number of employees: 1,400
• Sub-industry: 50 Wholesale Trade-durable Goods
• Place of incorporation: DE
• Court for city of headquarters: CA San Francisco
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Stutman Treister
• Date of filing: January 19, 1981
• Judge at filing: Lloyd King
• Court district of filing: CA ND
• Court city of filing: San Francisco
• Case number: 81-00111
• Cause of bankruptcy: Not tort
• 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 22, 1983
• Judge at disposition: Lloyd King
• Days from filing to disposition: 792

After the case

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