Lernout & Hauspie Speech Products NV


  • Pre-filing annual sales: $507 (millions of current dollars)
  • Pre-filing assets: $1,022 (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

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