Kmart Corp.

Company

  • Pre-filing annual sales: $62,054 (millions of current dollars)
  • Pre-filing assets: $24,518 (millions of current dollars)
  • Pre-filing number of employees: 252,000
  • Sub-industry: 53 General Merchandise Stores
  • Place of incorporation: MI
  • Court for city of headquarters: MI Detroit
  • In business at filing? yes

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Skadden Arps
  • Date of filing: January 22, 2002
  • Judge at filing: Susan Pierson Sonderby
  • Court district of filing: IL ND
  • Court city of filing: Chicago
  • Case number: 02-02474
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

  • Case transferred? no
  • Destination court of transfer: not applicable
  • Creditors committee appointed? yes
  • ยง363 sale: no 363 sale
  • Dip loan final approval? yes
  • Plan type: free fall

  • Disposition status: confirmed
  • Date of disposition: April 22, 2003
  • Judge at disposition: Susan Pierson Sonderby
  • Days from filing to disposition: 455

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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