JPS Textile Group Inc. (1991)


  • Pre-filing annual sales: $1,809 (millions of current dollars)
  • Pre-filing assets: $1,321 (millions of current dollars)
  • Pre-filing number of employees: 8,800
  • Sub-industry: 22 Textile Mill Products
  • Place of incorporation: DE
  • Court for city of headquarters: SC Columbia
  • In business at filing? emerged

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Weil Gotshal
  • Date of filing: February 7, 1991
  • Judge at filing: James A. Goodman
  • Court district of filing: NY SD
  • Court city of filing: New York
  • Case number: 91-10546
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

  • Case transferred? no
  • Destination court of transfer: not applicable
  • Creditors committee appointed? no data in published sources
  • ยง363 sale: no 363 sale
  • Dip loan final approval? data not available
  • Plan type: prepackaged

  • Disposition status: confirmed
  • Date of disposition: March 21, 1991
  • Judge at disposition: James A. Goodman
  • Days from filing to disposition: 42

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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