New Valley Corp.

Company

• Pre-filing annual sales: $1,226 (millions of current dollars)
• Pre-filing assets: $569 (millions of current dollars)
• Pre-filing number of employees: 2,150
• Sub-industry: 73 Business Services
• Place of incorporation: NY
• Court for city of headquarters: NJ Newark
• In business at filing? emerged

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? creditors
• Debtor's lead attorney: Mudge Rose
• Date of filing: November 15, 1991
• Judge at filing: data not available
• Court district of filing: NJ
• Court city of filing: Newark
• Case number: 91-27704
• 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: November 1, 1994
• Judge at disposition: Novalyn L. Winfield
• Days from filing to disposition: 1082

After the case

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