Global Marine Inc.

Company

• Pre-filing annual sales: $870 (millions of current dollars)
• Pre-filing assets: $3,613 (millions of current dollars)
• Pre-filing number of employees: 2,800
• Sub-industry: 13 Oil And Gas Extraction
• Place of incorporation: DE
• Court for city of headquarters: TX Houston
• In business at filing? emerged

Chapter 11 case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Weil Gotshal
• Date of filing: 1/27/1986
• Court district of filing: TX SD
• Court city of filing: Houston
• Case number: 86-00771
• 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? data not available
• Plan type: free fall


• Disposition status: confirmed
• Date of disposition: 2/2/1989
• Judge at disposition: Randolph F. Wheless Jr.
• Days from filing to disposition: 1102

After the case

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