Case Studies in Bankruptcy & Reorganization

Catalog description

The course will provide an overview of the bankruptcy and reorganization process as it currently exists for large companies in the United States. The purposes of the course are a) to examine the bankruptcy process from the perspectives of a securities analysis when a bankrupt company securities a good or bad investment b) capital structure choices company management and creditor actions to select a post bankruptcy capital structure c) uses and abuses of the bankruptcy process from the perspectives of management and creditors, and d) prepackaged bankruptcies and out of court restructurings contests for corporate control within the bankruptcy process.