Forstmann & Company, Inc.


  • Pre-filing annual sales: $390 (millions of current dollars)
  • Pre-filing assets: $377 (millions of current dollars)
  • Pre-filing number of employees: 2,890
  • Sub-industry: 22 Textile Mill Products
  • Place of incorporation: GA
  • Court for city of headquarters: NY New York
  • In business at filing? yes

Chapter 11 case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Debevoise Plimpton
  • Date of filing: 9/22/1995
  • Court district of filing: NY SD
  • Court city of filing: New York
  • Case number: 95-44190
  • Cause of bankruptcy: Not tort
  • Forum shop? Filed at headquarters

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

  • Disposition status: confirmed
  • Date of disposition: 7/9/1997
  • Judge at disposition: James L. Garrity Jr.
  • Days from filing to disposition: 656

After the case

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

The BRD is user-supported. We need your help to continue providing our services. Please contribute.

The BRD has been supported by grants from these organizations:

National Conference of Bankruptcy Judges

Turnaround Management Association

American Bankruptcy Institute

↑ back to top