TRIGEM COMPUTER: Chapter 15 Summary
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Troubled
Company Reporter, Mar. 01, 2006 |
Petitioner: Il-Hwan Park
Foreign
Representative
201-404
Shinshigsji Apartment
Mok
6-dong, Yangchun-gu
Seoul,
Republic of Korea
Debtor: TriGem Computer Inc.
1125-1 Shingil-dong
Danwon-gu
Ansan City Kyunggi-Do
425-839
Korea
Type of Business: The Debtor manufactures desktop PCs,
notebook
PCs, LCD monitors, printers,
scanners,
other computer peripherals, and
PIDs
and supplies over four million PCs a
year
to clients all over the world. The
Debtor
has a global network of production,
research,
marketing, logistics and service
centers
in major markets in the U.S., Japan,
China,
Europe, Australia and Mexico.
See
http://www.trigem.com/
TriGem
America Corporation, an affiliate of
the
Debtor, filed for protection under the
United
States Bankruptcy Code on June 3, 2005
(Bankr.
C.D. Calif. Case No. 05-13972).
TriGem
Texas, Inc., another affiliate of the
Debtor,
also filed for Chapter 11 protection
on
June 8, 2005 (Bankr. C.D. Calif. Case No.
05-14047).
Section 304 Petition Date: November 3, 2005
Korean Court: Suwon District Court
Bankruptcy
Division
U.S. Court: United States Bankruptcy Court for the Central
District
Of California (Los Angeles)
Case No.: 05-50052
U.S. Judge: Thomas B. Donovan
Petitioner's Counsel: Charles D. Axelrod, Esq.
Stutman
Treister & Glatt, P.C.
1901
Avenue of the Stars, 12th Floor
Los
Angeles, California 90067
Telephone:
(310) 228-5600
Financial Condition as of March 31, 2005:
Total Assets: KWR872.3 Billion
Total Debts: KWR774.6 Billion
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