Service Merchandise Company, Inc.

Company

  • Pre-filing annual sales: $5,701 (millions of current dollars)
  • Pre-filing assets: $2,926 (millions of current dollars)
  • Pre-filing number of employees: 42,700
  • Sub-industry: 53 General Merchandise Stores
  • Place of incorporation: TN
  • Court for city of headquarters: TN Nashville
  • In business at filing? yes

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? creditors
  • Debtor's lead attorney: Skadden Arps
  • Date of filing: March 15, 1999
  • Judge at filing: George C. Paine II
  • Court district of filing: TN MD
  • Court city of filing: Nashville
  • Case number: 99-02649
  • 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: no 363 sale
  • Dip loan final approval? yes
  • Plan type: free fall

  • Disposition status: confirmed
  • Date of disposition: May 13, 2003
  • Judge at disposition: George C. Paine II
  • Days from filing to disposition: 1520

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

↑ back to top