Creating Value Through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups
| Author | : | |
| Rating | : | 4.62 (837 Votes) |
| Asin | : | 0471405590 |
| Format Type | : | paperback |
| Number of Pages | : | 528 Pages |
| Publish Date | : | 2017-05-18 |
| Language | : | English |
DESCRIPTION:
Gilson (Boston, MA) is an Associate Professor at Harvard University and a widely acknowledged expert on corporate restructuring. A collection of case studies illustrates real-world techniques, implementation, and strategies on corporate restructuring Over the period 1981-1998, public companies with combined assets of over half a trillion dollars filed for Chapter 11 bankruptcy. He has studied and published on the intricacies of both domestic and international corporate restructuring.. Over the same period, over 400 public companies underwent corporate spin-offs, divesting businesses valued at more than $250 billion. Stuart C. Each of these companies, and all of these dollars, were in some way or another involved in corporate restructuring. Gilson's cases studies have been use
Henderson) Gilson's book provides a meaningful framework for analyzing any restructuring and a guide to various tools and additional references.Detailed exhibits at the end of each chapter provide the hard, quantifiable financial and industry data that management and stakeholders must interpret to plan, negotiate, and execute a restructuring. Techniques include issuance of tracking stock, spin-offs, layoffs, plant closings, revisions of employee retirement benefits, and mergers. Gilson also provides a market survey of distressed investing, exploring such nuances as prepackaged bankruptcy, "bondmail" (gaining control of a class of debt to block approval of a reorganization plan), exit strategies, tax issues, and disqualification of votes on a bankruptcy reorganization plan. Gilson maintains a global perspective, incorporating cases not only from the United States, but also from Germany and Thailand."-- High Yield, a Merrill public
Kris R. Trafton said Excellent even without a companion text. This book is exceptional. It starts with providing the reader with the basics of distressed situations: the parties involved in restructuring, academic research regarding investment returns, the bankruptcy process, etc.The remainder of the book in primarily composed of case studies grouped into three categories (1) liability restructuring, ("Excellent even without a companion text" according to Kris R. Trafton. This book is exceptional. It starts with providing the reader with the basics of distressed situations: the parties involved in restructuring, academic research regarding investment returns, the bankruptcy process, etc.The remainder of the book in primarily composed of case studies grouped into three categories (1) liability restructuring, (2) asset/equity restructuring, and (Excellent even without a companion text This book is exceptional. It starts with providing the reader with the basics of distressed situations: the parties involved in restructuring, academic research regarding investment returns, the bankruptcy process, etc.The remainder of the book in primarily composed of case studies grouped into three categories (1) liability restructuring, (2) asset/equity restructuring, and (3) restructuring employee's claims. The cases are exceptionally well written.Many reviewers complain that the book would be better with a supplement that discusses "solutions" to the cases. I agree, those w. ) restructuring employee's claims. The cases are exceptionally well written.Many reviewers complain that the book would be better with a supplement that discusses "solutions" to the cases. I agree, those w. ) asset/equity restructuring, and (Excellent even without a companion text This book is exceptional. It starts with providing the reader with the basics of distressed situations: the parties involved in restructuring, academic research regarding investment returns, the bankruptcy process, etc.The remainder of the book in primarily composed of case studies grouped into three categories (1) liability restructuring, (2) asset/equity restructuring, and (3) restructuring employee's claims. The cases are exceptionally well written.Many reviewers complain that the book would be better with a supplement that discusses "solutions" to the cases. I agree, those w. ) restructuring employee's claims. The cases are exceptionally well written.Many reviewers complain that the book would be better with a supplement that discusses "solutions" to the cases. I agree, those w. A Customer said Resource & Context in A Usable Form. Professor Gilson has added a readable, useful reference to the limited body of business literature concerned with corporate restructuring. Creating Value through Corporate Restructuring takes advantage of what the case method does best-the mixing of relevant reference material into a real world context. This book incorporates valuation models, relevant legislation and applicable business precedent not in isolation, but as part of real, complex business situations.What Professor Gilson does not do is think for his readers. Situations are presented fully and carefully along with r. More Than Just a Bound Coursepak of Case Studies This is a TERRIFIC book, but it is a collection of terrific case studies and by that I mean the kind of case studies you would use in an MBA program. There are no conclusions drawn or analysis of the case or even questions to think about. There is also no follow up on the corporations included and how their plans were actually implemented or if they survived.However, the cases are divided up into three parts and each part has a short essay that introductes the general theme for the cases and offers a paragraph summary of each case. There is also a reding list of academic papers