Q: When did Malden Mills Industries, Inc. file for bankruptcy?

A: November 29, 2001 

Q: What is Malden Mills Industries, Inc.?

A: Malden Mills Industries, Inc. is the developer, manufacturer and marketer of the internationally recognized Polartec® family of performance fabrics for all outdoor activities.            

Q: What is Chapter 11?

A: Chapter 11 under the Federal Bankruptcy Code allows companies to continue operating and maintain control of the company while reorganizing its business and arranging a payment plan to its creditors.

Q: Why did Malden Mills Industries, Inc. file for Chapter 11?

A: After a devastating industrial fire on December 11, 1995, Malden Mills, a privately-held company, worked with its lenders and strategic advisors and determined that a Chapter 11 filing was necessary due to a number of factors such as the cost of servicing bank debt, a sluggish retail market, the high costs associated with rebuilding, and the closure of the company’s upholstery division after a significant market share loss as a result of the fire. 

Q. Is Malden Mills Industries, Inc. going out of business?

A: Absolutely not. This reorganization will allow Malden Mills to emerge from the challenges they have faced since the fire with a stronger, more highly focused and profitable company.

Q: Who is The Trumbull Group?

A: The Trumbull Group is the official claims agent.  They assist in giving notice to creditors and manage the proofs of claim. 

Q: If a claim was previously filed (i.e., with the Court, counsel or claims agent) do we need to file another claim?

A: No. 

Q: Will I receive a proof of claim form? 

A: At this time, a Bar Date has not been established.  All potential creditors will receive the Bar Date Notice and instructions after a date has been established. 

Q: I am a former employee and have received a proof of claim form.  Why?

A: You should only file a proof of claim form if you believe the debtor owes you money.  All individuals who received checks from the company are included in the company's financial records.  All such individuals have received notice of the bankruptcy filing and a proof of claim form as a routine method of notifying all potential creditors.  

Q: When is the deadline to file a proof of claim?

A: June 7, 2002

Q: Why did I receive the 341 and Commencement Notice?

A: To inform you that Malden Mills Industries, Inc. has filed for bankruptcy, you do not need to do anything right now.

Q: Why did I receive the Notice of Bar Date to File a Proof of Claim?

A: You may be a potential creditor in the Malden Mills Industries, Inc.  bankruptcy case.  You may or may not have a claim. 

Q:  How do I fill out a proof of claim form?

A: Please refer to the instructions on the back of the proof of claim form.

Q: Where do I send the proof of claim form?

A: If sent by U.S. mail, please send to Malden Mills Industries, Inc., c/o The Trumbull Group , P.O. Box 874, Bloomfield, CT  06002-874.  If sending by overnight carrier, please send to Malden Mills Industries, Inc., c/o The Trumbull Group, 4 Griffin Road North, Windsor, CT 06095.

Q: We are unable to file our claim(s) before the deadline.  May we have an extension?

A: Not necessarily. That will be up to the Bankruptcy Court.  If you cannot file by the bar date you should contact your own counsel for advice.  Failure to file by the Bar Date could result in the loss of valuable rights. 

Q: May I call this number if I have additional questions at a later date?

Yes, the Malden Mills Industries, Inc. Information Number is (860) 687-3194.  Unfortunately, there is not a toll-free number available.

Q: When will I receive my money?

A: At some time after the Bar Date, the creditors will vote on the Plan of Reorganization.  If the plan is confirmed and your claim has been allowed, the debtors typically have 90 days (after the effective date of the Plan) to make their first distribution. 

Q: Do you know when the Plan of Reorganization will be filed?

A: There is no Plan of Reorganization at this time.

Q: How do I change my address with you?

You may send us an address change in writing in the following ways: