Michigan General Corporation (1987)

Company

  • Pre-filing annual sales: $1,017 (millions of current dollars)
  • Pre-filing assets: $530 (millions of current dollars)
  • Pre-filing number of employees: 3,200
  • Sub-industry: 52 Building Materials, Hardware, Garden Supply, And Mobile Home Dealers
  • Place of incorporation: DE
  • Court for city of headquarters: NJ Newark
  • In business at filing? emerged

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Akin Gump
  • Date of filing: April 22, 1987
  • Judge at filing: data not available
  • Court district of filing: TX ND
  • Court city of filing: Dallas
  • Case number: 87-32191
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

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

  • Disposition status: confirmed
  • Date of disposition: April 1, 1988
  • Judge at disposition: Harold C. Abramson
  • Days from filing to disposition: 345

After the case

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


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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