TRIGEM COMPUTER: Chapter 15 Summary
Company Reporter, Mar. 01, 2006
Petitioner: Il-Hwan Park
Republic of Korea
Debtor: TriGem Computer Inc.
Ansan City Kyunggi-Do
Type of Business: The Debtor manufactures desktop PCs,
PCs, LCD monitors, printers,
other computer peripherals, and
and supplies over four million PCs a
to clients all over the world. The
has a global network of production,
marketing, logistics and service
in major markets in the U.S., Japan,
Europe, Australia and Mexico.
America Corporation, an affiliate of
Debtor, filed for protection under the
States Bankruptcy Code on June 3, 2005
C.D. Calif. Case No. 05-13972).
Texas, Inc., another affiliate of the
also filed for Chapter 11 protection
June 8, 2005 (Bankr. C.D. Calif. Case No.
Section 304 Petition Date: November 3, 2005
Korean Court: Suwon District Court
U.S. Court: United States Bankruptcy Court for the Central
Of California (Los Angeles)
Case No.: 05-50052
U.S. Judge: Thomas B. Donovan
Petitioner's Counsel: Charles D. Axelrod, Esq.
Treister & Glatt, P.C.
Avenue of the Stars, 12th Floor
Angeles, California 90067
Financial Condition as of March 31, 2005:
Total Assets: KWR872.3 Billion
Total Debts: KWR774.6 Billion