Payless Cashways, Inc. (1997)


  • 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
  • ยง363 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

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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