Researching bankruptcy filings

**rwzcpa** Fri Mar 24, 2006 7:47 pm

Researching bankruptcy filings
Blast (or others)

There is a paper mill operation in my community owned by a Delaware company (LLC) which is 60% privately owned and 40% publicly owned. The public company owns a "profits only" interest.

This company just filed Chapter 11 in Delaware. I am wondering if I can find the documents/filings on line anywhere or how I could learn more about the assets/liabilities, etc of this company and keep up with the bankruptcy plan and determine what it intends to do with the assets of the operation in my local community.

Can anyone give me some guidance on that?

Thankyou.

**blast_investor** Fri Mar 24, 2006 10:18 pm

Hi rwzcpa,

The best source of information for company in bankcruptcy is either SEC filing (if available) or court document from Pacer.

In your case, the public company might have new filings (8K filing) in SEC.

Also check Pacer for bankruptcy document. Pacer is very cheap, very low cost way of accessing court document.

SEC:

http://www.sec.gov/edgar/searchedgar/webusers.htm

Pacer:
http://pacer.psc.uscourts.gov/

Because the company is local, you might be able to get document locally from court.

**rwzcpa** Sun Mar 26, 2006 12:14 pm

Thankyou Blast.

I have tried to register twice over the weekend on Pacer site but did not receive the login and password. Guess I'll try calling on Monday but would like to do research yet this weekend.

Thanks for your help. I appreciate it and your service and fast response always!

**rwzcpa** Sat Apr 01, 2006 7:00 am

I have reviewed documents using PACER. (It is a Delaware company with local presence). Thankyou.

When is the financial position of the company typically submitted and where would I find that?

Thanks for the guidance.

**coo** Mon May 08, 2006 7:09 pm

Pacer
Typical bankruptcy documents in the docket report:
1. Petition - lists share outstanding, first pass at assets and liabilities
2. Motion to Use Cash Collateral - usually contains a good summary plus a rough budget
3. Schedules - comes later, lists assets and liabilities from the debtors point of view. Further claims are generally filed but may be subject to challenge
4. Disclosure statement - describes the re org plan
5. Transcripts - you cen get a feel for what the lawyers are arguing about
6. MORs - monthly operating reports