Lionel Corp. (1982)


  • Pre-filing annual sales: $1,062 (millions of current dollars)
  • Pre-filing assets: $695 (millions of current dollars)
  • Pre-filing number of employees: 5,000
  • Sub-industry: 36 Electronic And Other Electrical Equipment And Components
  • Place of incorporation: NY
  • Court for city of headquarters: NY New York
  • In business at filing? yes

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Angel Frankel
  • Date of filing: February 19, 1982
  • Judge at filing: Edward J. Ryan
  • Court district of filing: NY SD
  • Court city of filing: New York
  • Case number: 82-10318
  • Cause of bankruptcy: Not tort
  • Forum shop? Filed at headquarters

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

  • Disposition status: confirmed
  • Date of disposition: September 12, 1985
  • Judge at disposition: Burton R. Lifland
  • Days from filing to disposition: 1301

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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