Texaco Inc.

Company

• Pre-filing annual sales: $85,829 (millions of current dollars)
• Pre-filing assets: $92,015 (millions of current dollars)
• Pre-filing number of employees: 51,978
• Sub-industry: 29 Petroleum Refining And Related Industries
• Place of incorporation: DE
• Court for city of headquarters: NY White Plains
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Weil Gotshal
• Date of filing: April 12, 1987
• Judge at filing: Howard Schwartzberg
• Court district of filing: NY SD
• Court city of filing: White Plains
• Case number: 87-20142
• Cause of bankruptcy: Other tort
• Forum shop? Filed at headquarters


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


• Disposition status: confirmed
• Date of disposition: March 23, 1988
• Judge at disposition: Howard Schwartzberg
• Days from filing to disposition: 346

After the case

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