Worldcom, Inc.

Company

  • Pre-filing annual sales: $57,973 (millions of current dollars)
  • Pre-filing assets: $171,246 (millions of current dollars)
  • Pre-filing number of employees: 61,800
  • Sub-industry: 48 Communications
  • Place of incorporation: GA
  • Court for city of headquarters: MS Jackson
  • 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: July 21, 2002
  • Judge at filing: Arthur J. Gonzalez
  • Court district of filing: NY SD
  • Court city of filing: New York
  • Case number: 02-13533
  • Cause of bankruptcy: Fraud
  • Forum shop? Forum Shop

  • 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: October 31, 2003
  • Judge at disposition: Arthur J. Gonzalez
  • Days from filing to disposition: 467

After the case

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


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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