Publications

November 2012 (Revised September 2013)
Case

Restructuring at Nova Chemical Corporation (Abridged)

By: Scott P. Mason

Management of a diversified chemicals company faces two financial decisions: whether to finance a major investment in new production facilities for its rapidly expanding Environmental Products Division, and whether to sell a more slowly growing non-specialty chemicals... View Details

Keywords: Restructuring; Decision Choices and Conditions; Chemicals; Environmental Sustainability; Corporate Finance; Chemical Industry

May 2002
Case

Venture Capital Fund Restructuring Vignettes (Abridged)

By: Paul A. Gompers

This case examines the changes in fund structures proposed by four venture capital firms in 2002: Accel Partners, Battery Ventures, Charles River Ventures, and Kleiner Perkins Caufield & Byers. The venture capital market has experienced a major downturn, and these... View Details

Keywords: Venture Capital; Restructuring; Financial Crisis; Motivation and Incentives; Business and Shareholder Relations; Investment Funds; Financial Services Industry

November 1984 (Revised March 1985)
Case

Restructuring European Petrochemicals: British Petroleum, P.L.C.

By: Francis Aguilar, Joseph L. Bower and Benjamin Gomes-Casseres

Keywords: Restructuring; Corporate Strategy; Energy Industry; Chemical Industry; Europe

September 1989 (Revised October 1989)
Background Note

Senator Riegle and U.S. Corporate Restructuring

By: George C. Lodge

February 2003
Teaching Note

Restructuring the U.S. Steel Industry (TN)

By: William E. Fruhan Jr.

Teaching Note for (9-203-042). View Details

Keywords: Steel Industry; United States

November 1984 (Revised March 1985)
Case

Restructuring European Petrochemicals: Royal Dutch/Shell Group

By: Francis Aguilar, Joseph L. Bower and Benjamin Gomes-Casseres

Keywords: Restructuring; Corporate Strategy; Energy Industry; Chemical Industry; Europe

December 2020 (Revised June 2021)
Case

France Télécom (A): A Challenging Restructuring

By: Cynthia A. Montgomery and Ashley V. Whillans

These cases explore the impacts of industry shocks, resulting corporate actions that had a devastating impact on employees, and the legal conviction of corporate leaders for “institutional harassment."

This case series follows the evolution of France... View Details

March 2007
Supplement

Restructuring Navigator Gas Transport Plc. (CW)

By: C. Fritz Foley

Keywords: Restructuring; Transportation Industry

September 1997 (Revised August 2007)
Case

Bankruptcy and Restructuring at Marvel Entertainment Group

By: Benjamin C. Esty and Jason Auerbach

Marvel Entertainment Group is the leading comic book publisher in the United States, with superheros like Spider-Man, the Incredible Hulk, the X-Men, and Captain America. It is also one of the leading manufacturers of sports and entertainment trading cards under the... View Details

Keywords: Restructuring; Decision Choices and Conditions; Borrowing and Debt; Insolvency and Bankruptcy; Governance Controls; Courts and Trials; Planning; Entertainment and Recreation Industry

September 2001 (Revised July 2009)
Case

Buenos Aires Embotelladora S.A. (BAESA): A South American Restructuring

By: Stuart C. Gilson and Gustavo A. Herrero

In 1998, BAESA, PepsiCo's largest bottler and distributor outside North America, experienced severe financial difficulty and had to restructure its debt and business operations to avoid bankruptcy or liquidation. Based in Argentina, with operations throughout South... View Details

Keywords: Restructuring; Borrowing and Debt; Insolvency and Bankruptcy; Bonds; Stocks; Multinational Firms and Management; Laws and Statutes; United States; Argentina; Brazil

May 1998
Teaching Note

FAG Kugelfischer- A German Restructuring (TN)

By: Stuart C. Gilson

Teaching Note for (9-298-046). View Details

Keywords: Germany; United States; Europe

March 2006
Teaching Note

Redesigning Sovereign Debt Restructuring Mechanisms (TN)

By: Mihir A. Desai and Kathleen Luchs

Keywords: Sovereign Finance; Borrowing and Debt

March 1996 (Revised June 1998)
Case

Debt Restructuring Under the Brady Plan

By: Huw Pill and Courtenay Sprague

November 1984 (Revised March 1985)
Case

Restructuring European Petrochemicals: The Dow Chemical Co.

By: Francis Aguilar, Joseph L. Bower and Benjamin Gomes-Casseres

Keywords: Restructuring; Corporate Strategy; Energy Industry; Chemical Industry; Europe

July 1999
Case

Restructuring General Motors North America (A): Pay-for-Performance

By: Malcolm S. Salter

Presents the new pay-for-performance scheme adopted by General Motors (GM) in its 1999 reorganization of its sales and marketing organization. Once in operation, many administrative problems developed requiring a reconsideration of the scheme's basic architecture. View Details

Keywords: Restructuring; Compensation and Benefits; Marketing; Organizational Change and Adaptation; Problems and Challenges; Sales; Auto Industry; North America