Vertis, Inc. (2010)

Company

• Pre-filing annual sales: $1,852 (millions of current dollars)
• Pre-filing assets: $716 (millions of current dollars)
• Pre-filing number of employees: 5,800
• Sub-industry: 73 Business Services
• Place of incorporation: DE
• Court for city of headquarters: MD Baltimore
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Skadden Arps
• Date of filing: November 17, 2010
• Judge at filing: Allan L. Gropper
• Court district of filing: NY SD
• Court city of filing: New York
• Case number: 10-16170
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


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


• Disposition status: confirmed
• Date of disposition: December 16, 2010
• Judge at disposition: Allan L. Gropper
• Days from filing to disposition: 29

After the case

• Did firm emerge? Company emerged
• Did firm refile? emerged 5 years, refiled