Polymer Group, Inc.

Company

  • Pre-filing annual sales: $1,346 (millions of current dollars)
  • Pre-filing assets: $2,034 (millions of current dollars)
  • Pre-filing number of employees: 4,040
  • Sub-industry: 22 Textile Mill Products
  • Place of incorporation: DE
  • Court for city of headquarters: SC Charleston
  • In business at filing? yes

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? creditors
  • Debtor's lead attorney: Kirkland Ellis
  • Date of filing: March 25, 2002
  • Judge at filing: John E. Waites
  • Court district of filing: SC
  • Court city of filing: Columbia
  • Case number: 02-05773
  • 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: prenegotiated

  • Disposition status: confirmed
  • Date of disposition: January 3, 2003
  • Judge at disposition: John E. Waites
  • Days from filing to disposition: 284

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