Lomas Financial Corp. (1995)

Company

• Pre-filing annual sales: $429 (millions of current dollars)
• Pre-filing assets: $2,234 (millions of current dollars)
• Pre-filing number of employees: 1,223
• Sub-industry: 61 Non-depository Credit Institutions
• Place of incorporation: DE
• Court for city of headquarters: TX Dallas
• In business at filing? emerged

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Davis Polk
• Date of filing: October 10, 1995
• Judge at filing: Peter J. Walsh
• Court district of filing: DE
• Court city of filing: Wilmington
• Case number: 95-01235
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


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


• Disposition status: confirmed
• Date of disposition: October 4, 1996
• Judge at disposition: Peter J. Walsh
• Days from filing to disposition: 360

After the case

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