Lernout & Hauspie Speech Products NV

Company

• Pre-filing annual sales: $503 (millions of current dollars)
• Pre-filing assets: $1,013 (millions of current dollars)
• Pre-filing number of employees: 5,000
• Sub-industry: 73 Business Services
• Place of incorporation: Belgium
• Court for city of headquarters: MA Boston
• In business at filing? yes

Chapter 11 case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Milbank Tweed
• Date of filing: 11/29/2000
• Court district of filing: DE
• Court city of filing: Wilmington
• Case number: 00-04398
• Cause of bankruptcy: Fraud
• Forum shop? Forum Shop


• 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: 5/30/2003
• Judge at disposition: Judith H. Wizmur
• Days from filing to disposition: 912

After the case

• Did firm emerge? company did not emerge
• Did firm refile? not emerged 5 years