How long do reorganizations take?

To get a simple count, in the first step, leave the defaults checked to include all cases in the study.  In the second step, check only the box for Duration in days.  In the third step, leave the default D. Dispositions.  Submit your query by clicking on the button at the bottom of the page.  The output will show you the mean and median number of days that cases in each category of cases remained pending.  At the bottom of the Frequency table will be the mean and median number of days for all cases, regardless of disposition.

The length of reorganization cases changes with two other variables: time and whether the plan is prepackaged.  By changing your choice in the third step to A. Filing Years or A. Disposition Years and resubmitting, you can see how the length of reorganization cases has changed over time.  (If recent years are the most important to you, you should eliminate the pending and data not available cases in step 1 D. Dispositions, and in the third step order your study by A. Disposition Years.)  By changing your choice in the third step to F. Plan Types, you can see how the length of reorganization cases varies with plan type.

Books by
Lynn M. LoPucki

Courting Failure : How Competition for Big Cases Is Corrupting the Bankruptcy Courts
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Strategies For Creditors In Bankruptcy Proceedings
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Secured Credit : A Systems Approach
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Comments to lopucki@law.ucla.edu
Copyright © 2005 by Lynn M. LoPucki
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