National Energy Group, Inc.

Company

• Pre-filing annual sales: $99 (millions of current dollars)
• Pre-filing assets: $461 (millions of current dollars)
• Pre-filing number of employees: 74
• Sub-industry: 13 Oil And Gas Extraction
• Place of incorporation: DE
• Court for city of headquarters: TX Dallas
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? creditors
• Debtor's lead attorney: Weil Gotshal
• Date of filing: December 4, 1998
• Judge at filing: data not available
• Court district of filing: TX ND
• Court city of filing: Dallas
• Case number: 98-80258
• Cause of bankruptcy: Not tort
• 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: free fall


• Disposition status: confirmed
• Date of disposition: July 24, 2000
• Judge at disposition: Harold C. Abramson
• Days from filing to disposition: 598

After the case

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