Payless Cashways, Inc. (1997)

Company

• Pre-filing annual sales: $4,902 (millions of current dollars)
• Pre-filing assets: $2,391 (millions of current dollars)
• Pre-filing number of employees: 16,700
• Sub-industry: 52 Building Materials, Hardware, Garden Supply, And Mobile Home Dealers
• Place of incorporation: IA
• Court for city of headquarters: MO Kansas City
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Blackwell Sanders
• Date of filing: July 21, 1997
• Judge at filing: data not available
• Court district of filing: MO WD
• Court city of filing: Kansas City, MO
• Case number: 97-50543
• 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? yes
• Plan type: prenegotiated


• Disposition status: confirmed
• Date of disposition: November 19, 1997
• Judge at disposition: Arthur B. Federman
• Days from filing to disposition: 121

After the case

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