Mercury Finance Company

Company

• Pre-filing annual sales: $680 (millions of current dollars)
• Pre-filing assets: $1,781 (millions of current dollars)
• Pre-filing number of employees: 1,570
• Sub-industry: 61 Non-depository Credit Institutions
• Place of incorporation: DE
• Court for city of headquarters: IL Chicago
• In business at filing? emerged

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? creditors
• Debtor's lead attorney: McDermott Will
• Date of filing: July 6, 1998
• Judge at filing: Erwin I. Katz
• Court district of filing: IL ND
• Court city of filing: Chicago
• Case number: 98-20763
• Cause of bankruptcy: Fraud
• Forum shop? Filed at headquarters


• 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: March 10, 1999
• Judge at disposition: Erwin I. Katz
• Days from filing to disposition: 247

After the case

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