Wilshire Financial Services Group, Inc.

Company

• Pre-filing annual sales: $96 (millions of current dollars)
• Pre-filing assets: $1,950 (millions of current dollars)
• Pre-filing number of employees: 184
• Sub-industry: 61 Non-depository Credit Institutions
• Place of incorporation: DE
• Court for city of headquarters: OR Portland
• In business at filing? emerged

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Proskauer Rose
• Date of filing: March 3, 1999
• Judge at filing: data not available
• Court district of filing: DE
• Court city of filing: Wilmington
• Case number: 99-00480
• 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: April 12, 1999
• Judge at disposition: Peter J. Walsh
• Days from filing to disposition: 40

After the case

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