JPS Textile Group, Inc. (1997)

Company

• Pre-filing annual sales: $828 (millions of current dollars)
• Pre-filing assets: $620 (millions of current dollars)
• Pre-filing number of employees: 4,000
• Sub-industry: 22 Textile Mill Products
• Place of incorporation: DE
• Court for city of headquarters: SC Columbia
• 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: August 1, 1997
• Judge at filing: Cornelius Blackshear
• Court district of filing: NY SD
• Court city of filing: New York
• Case number: 97-45133
• 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: prepackaged


• Disposition status: confirmed
• Date of disposition: September 9, 1997
• Judge at disposition: Cornelius Blackshear
• Days from filing to disposition: 39

After the case

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