Payless Cashways, Inc. (2001)

Company

  • Pre-filing annual sales: $2,489 (millions of current dollars)
  • Pre-filing assets: $1,130 (millions of current dollars)
  • Pre-filing number of employees: 8,100
  • Sub-industry: 52 Building Materials, Hardware, Garden Supply, And Mobile Home Dealers
  • Place of incorporation: DE
  • 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: Weil Gotshal
  • Date of filing: June 4, 2001
  • Judge at filing: data not available
  • Court district of filing: MO WD
  • Court city of filing: Kansas City, MO
  • Case number: 01-42643
  • 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: 363 sale
  • Dip loan final approval? yes
  • Plan type: free fall

  • Disposition status: dismissed
  • Date of disposition: May 19, 2005
  • Judge at disposition: Arthur B. Federman
  • Days from filing to disposition: 1445

After the case

  • Did firm emerge? company did not emerge
  • Did firm refile? not emerged 5 years


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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