Asia Global Crossing, Ltd.

Company

  • SIC code: 48 Communications
  • Pre-filing assets in millions of current dollars: $4,285.00
  • Pre-filing sales in millions of current dollars: $182
  • Pre-filing number of employees: 150
  • Cause of bankruptcy: Not tort
  • Place of incorporation: Bermuda
  • Court for city of headquarters: Outside United States

Chapter 11 case

  • Court district of filing: NY SD
  • Court city of filing: New York
  • Forum Shop? Forum Shop
  • Who filed case? debtors
  • Year of filing: 2002
  • Year of disposition: 2003
  • Disposistion: 363 sale converted
  • Days from filing to disposition: 206
  • Prepack status: Nonprepackaged, nonprenegotiated

After the case

  • Did firm emerge? Refile? No company emerged
Books by
Lynn M. LoPucki

Courting Failure : How Competition for Big Cases Is Corrupting the Bankruptcy Courts
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Strategies For Creditors In Bankruptcy Proceedings
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Secured Credit : A Systems Approach
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Comments to lopucki@law.ucla.edu
Copyright © 2005 by Lynn M. LoPucki
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