15 March 2004. Maureen
Drews, a senior paralegal at Holland & Knight's Chicago office, and
Paul Bush, founder of
Online, respond to last week's question about locating a
Question: How can
I find out if a company filed for bankruptcy? I'm trying to confirm
that Leather Loft filed for bankruptcy a few years ago. I've checked
Factiva and LexisNexis, but I can't find anything.
Maureen: One way to
locate the bankruptcy of a company is to determine the state of
organization or principal place of business, and then search the
bankruptcy records for that jurisdiction using the Pacer system
(subscription required). I quickly searched and found that Leather
Loft is a New Hampshire corporation. I connected with the Pacer site
New Hampshire bankruptcy court and found 4 filings. I did
not retrieve them because doing so would incur a charge. As I
understand it, you can now get immediate access to Pacer once you
subscribe, whereas there once was a delay in processing subscription
Another way to accomplish this is to search
a commercial database of bankruptcies in
the U.S., such as those available on
Westlaw, Lexis, Accurint, KnowX or Choice Point. But that can get
pretty pricey. Getting more details about the research up
front can reduce your search
range and costs!
Maureen A. Drews, Senior
HOLLAND & KNIGHT LLP
cheapest solution: Search the PACER
Party/Case Index and click on the link for the appropriate case.
Leather Loft Stores, Inc. filed for bankruptcy in New Hampshire on 8
February 2002 (case number 02-10394-JMD).
Also, some quick free
searches for bankruptcies: