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CIT Group Inc. Bankruptcy Case

CIT Group Inc.

Prepackaged

Case No. 09-16565·New York Southern·Petition date Nov 1, 2009

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OverviewProfessionals

Key professionals

Financial Advisor

FTI Consulting

Investment Banker

Evercore Group L.L.C.

Special Counsel

Sullivan & Cromwell LLP

Judge: Allan L. Gropper
Industry: Financial Services
Debtors: 2

CIT Group Inc. is a commercial finance company headquartered in New York City, founded in 1908. As a bank holding company, it provides financing, leasing, and advisory services to small and middle-market businesses across 30 industries, including transportation, manufacturing, and healthcare. With approximately 3,119 employees, the company operates globally across 50 countries. As of mid-2009, it held roughly $71 billion in assets, ranking among the 25 largest U.S. bank holding companies and serving as a major lender for commercial and industrial loans.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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