Flagstar Companies, Inc.


  • Pre-filing annual sales: $3,987 (millions of current dollars)
  • Pre-filing assets: $2,646 (millions of current dollars)
  • Pre-filing number of employees: 93,000
  • Sub-industry: 58 Eating and Drinking Places
  • Place of incorporation: DE
  • Court for city of headquarters: SC Spartanburg
  • In business at filing? yes

Chapter 11 case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Latham Watkins
  • Date of filing: 6/27/1997
  • Court district of filing: SC
  • Court city of filing: Spartanburg
  • Case number: 97-05431
  • Cause of bankruptcy: Not tort
  • Forum shop? Filed at headquarters

  • 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: prenegotiated

  • Disposition status: confirmed
  • Date of disposition: 11/12/1997
  • Judge at disposition: William Thurmond Bishop
  • Days from filing to disposition: 138

After the case

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

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