Penn Traffic Co (2003)

Company

• Pre-filing annual sales: $3,888 (millions of current dollars)
• Pre-filing assets: $1,304 (millions of current dollars)
• Pre-filing number of employees: 15,900
• Sub-industry: 54 Food Stores
• Place of incorporation: DE
• Court for city of headquarters: NY Syracuse
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Paul Weiss
• Date of filing: May 30, 2003
• Judge at filing: Adlai S. Hardin Jr.
• Court district of filing: NY SD
• Court city of filing: White Plains
• Case number: 03-22945
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


• 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: free fall


• Disposition status: confirmed
• Date of disposition: March 17, 2005
• Judge at disposition: Adlai S. Hardin Jr.
• Days from filing to disposition: 657

After the case

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