McLeodUSA, Inc. (2002)

Company

• Pre-filing annual sales: $3,035 (millions of current dollars)
• Pre-filing assets: $7,969 (millions of current dollars)
• Pre-filing number of employees: 8,500
• Sub-industry: 48 Communications
• Place of incorporation: DE
• Court for city of headquarters: IA Cedar Rapids
• 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 30, 2002
• Judge at filing: Erwin I. Katz
• Court district of filing: DE
• Court city of filing: Wilmington
• Case number: 02-10288
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


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


• Disposition status: confirmed
• Date of disposition: April 5, 2002
• Judge at disposition: Ronald S. Barliant
• Days from filing to disposition: 65

After the case

• Did firm emerge? Company emerged
• Did firm refile? emerged 5 years, refiled