OpTel, Inc.

Company

  • Pre-filing annual sales: $115 (millions of current dollars)
  • Pre-filing assets: $1,107 (millions of current dollars)
  • Pre-filing number of employees: 749
  • Sub-industry: 48 Communications
  • 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? debtors
  • Debtor's lead attorney: Young Conaway
  • Date of filing: October 28, 1999
  • Judge at filing: Sue L. Robinson
  • Court district of filing: DE
  • Court city of filing: Wilmington
  • Case number: 99-03951
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

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

  • Disposition status: confirmed
  • Date of disposition: December 4, 2001
  • Judge at disposition: Sue L. Robinson
  • Days from filing to disposition: 768

After the case

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


The BRD has been supported by grants from these organizations:

National Conference of Bankruptcy Judges

Turnaround Management Association

American Bankruptcy Institute

↑ back to top