August 6, 2007
Prospector
Profile
07.1137
 
Bally Total Fitness Holding Corporation NAICS 713940
8700 West Bryn Mawr Avenue Chicago, IL 60631 Description Fitness Centers
(773) 380-3000 Employees 19200
http://www.ballyfitness.com/ Revenue (mil) 1059.0500
  Income (mil) 43.0700
  Assets (mil) 396.7700
  Liability (mil) 1797.1900
  (for the year ended 2006-12-31)
 
Category: Bankruptcy
 
Event: Bally Total Fitness Holding Corp. and its 42 debtor-affiliates filed for Chapter 11 protection on July 31, 2007, with the U.S. Bankruptcy Court for the Southern District of New York (Manhattan), lead case number 07-12396, before Judge Burton Lifland.
 
Intellectual Property: The majority of its fitness centers use the service mark “Bally Total Fitness®.” Other facilities operate under the service mark “Bally Sports Clubs.” [SEC Filing 10-K 06-29-07]
 
Description: The Company operates fitness centers in North America. Its fitness centers offer personal training, specialty exercise programs, fitness apparel, drinks, nutritional products, and nutrition and weight management programs.
 
Officers: Don R. Kornstein (Interim Chair & Chief Restructuring Officer); Michael A. Feder (COO); Ronald G. Eidell (SVP & CFO); Harold Morgan (SVP & Chief Admin. Officer); Marc D. Bassewitz (SVP, Sec. & Gen. Counsel); Teresa R. Willows (SVP-Customer Care & Member Services); Julie Adams (SVP-Membership Services); William G. Fanelli (SVP-Corp. Dev't.); Gail J. Holmberg (SVP & CIO); Thomas S. Massimino (SVP-Operations); Charles J. Burdick (Dir.); Barry R. Elson (Dir.); Eric Langshur (Dir.)
 
Auditor: KPMG LLP
 
Attorneys: Joseph Furst, III, Esq., at Latham & Watkins LLP; New York, NY; (212) 906-1200
 
Securities: Common Stock Symbol BFT.PK; Other OTC; 41,286,512 common shares outstanding as of Oct. 31, 2006. 9-7/8% senior subordinated notes due Oct. 2007; 10-1/2% senior notes due 2011.
 
Notes: When the Company filed for Chapter 11 protection, it listed $408,546,205 in total assets and $1,825,941,546 in total liabilities.
 
 
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