Propex, Inc.

Company

• Pre-filing annual sales: $1,044 (millions of current dollars)
• Pre-filing assets: $858 (millions of current dollars)
• Pre-filing number of employees: 3,200
• Sub-industry: 22 Textile Mill Products
• Place of incorporation: DE
• Court for city of headquarters: TN Chattanooga
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: King Spalding
• Date of filing: January 18, 2008
• Judge at filing: John C. Cook
• Court district of filing: TN ED
• Court city of filing: Chattanooga
• Case number: 08-10249
• 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: 363 sale
• Dip loan final approval? yes
• Plan type: free fall


• Disposition status: confirmed
• Date of disposition: August 21, 2009
• Judge at disposition: John C. Cook
• Days from filing to disposition: 581

After the case

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