Resorts International Inc. (1989)

Company

  • Pre-filing annual sales: $1,075 (millions of current dollars)
  • Pre-filing assets: $2,439 (millions of current dollars)
  • Pre-filing number of employees: 7,500
  • Sub-industry: 70 Hotels, Rooming Houses, Camps, and Other Lodging Places
  • Place of incorporation: DE
  • Court for city of headquarters: FL Miami
  • In business at filing? yes

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? creditors
  • Debtor's lead attorney: Ravin Sarasohn
  • Date of filing: November 12, 1989
  • Judge at filing: data not available
  • Court district of filing: NJ
  • Court city of filing: Camden
  • Case number: 89-10119
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

  • Case transferred? no
  • Destination court of transfer: not applicable
  • Creditors committee appointed? no
  • ยง363 sale: no 363 sale
  • Dip loan final approval? data not available
  • Plan type: prenegotiated

  • Disposition status: confirmed
  • Date of disposition: August 26, 1990
  • Judge at disposition: Rosemary Gambardella
  • Days from filing to disposition: 287

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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