Asset Restructuring - Publications - Faculty & Research

28 May 2020
Research & Ideas

Coronavirus Could Create a 'Bankruptcy Pandemic'

automatic stay, the ability to sell assets on an expedited basis, and access to debtor-in-possession financing. For some companies, the net costs of Chapter 11 (that is, costs net of benefits) might actually be lower than the costs of... View Details

Keywords: by Dina Gerdeman; Financial Services; Banking

Web

Research - Behavioral Finance & Financial Stability

around the world, the authors show that the combination of rapid credit and asset price growth over the prior three years is associated with a 40% probability of entering a financial crisis within the next three years. The evidence... View Details

16 Jul 2020
Research & Ideas

Restaurant Revolution: How the Industry Is Fighting to Stay Alive

else’s misfortune—and that’s sad—there’s going to be a lot of opportunities. While there will be some misfortune, there’s going to be a lot of new capacity. There’s going to be a lot of cheap assets lying around. We’re looking at... View Details

Keywords: by Michael S. Kaufman, Lena G. Goldberg, and Jill Avery; Food & Beverage

October 2023
Case

Leading Transformation at IHCL

By: Krishna G. Palepu, V.G. Narayanan and Malini Sen

In November 2017, Puneet Chhatwal, took charge as MD and CEO of IHCL, popularly referred to as the Taj Hotels. Despite being India’s largest hospitality company by market capitalization and respected for its values and service, IHCL had made losses for the last seven... View Details

Keywords: Turn Around Management; Hospitality Industry; Brand Management; Financial Strategy; Business Model; Restructuring; Asset Management; Leadership Style; Crisis Management; Brands and Branding; Product Positioning; Segmentation; Asia; India

Citation

Educators

Purchase

30 Oct 2019
Research & Ideas

How to Recover Gracefully After Shutting Down Your Startup

School, says that shutting down a startup is almost always a messy affair. When a venture requires a cash infusion to survive, its founders may turn to bottom-fisher investors who force the company to restructure its capitalization,... View Details

Keywords: by Danielle Kost

01 Aug 1998
News

High Honors

innovative ideas and excellent instincts has demonstrated a knack for revitalizing the old and cultivating the new. Assuming leadership of Seagram-owned Tropicana in 1993, Marram presided over an organizational restructuring that has... View Details

25 Mar 2013
Research & Ideas

How Chapter 11 Saved the US Economy

can frustrate attempts to restructure out of court," Gilson writes. Companies also increasingly using Chapter 11 to expeditiously sell off assets. Section 363 of the US Bankruptcy Code allows a bankrupt company to sell View Details

Keywords: by Kim Girard; Financial Services

01 Oct 2001
Research & Ideas

Five Questions for Stuart Gilson

the process. In the U.S., bankruptcy can also be used to revitalize the business—for example, by allowing companies to reject unfavorable leases, or sell unwanted assets in a competitive auction. The second reason to View Details

Keywords: by Sean Silverthorne

24 Apr 2014
News

Côme Laguë (MBA 1993)

Côme Laguë (MBA 1993) founded his company, Zetta Research, to restructure patent portfolios and other intellectual property assets from closed startups, develop them, and resell them to companies that wish... View Details

01 Jan 2010
News

Allan W.B. Gray, MBA 1965

focus on asset management and service would yield superior results. The approach worked so well that the company became the largest privately owned, independent asset management firm in southern Africa.... View Details

01 Mar 2013
News

Sweet Deal

Hostess Brands, the maker of some 30 iconic American bakery products such as Wonder Bread, Ho Hos, Ding Dongs, and Twinkies, declared itself in liquidation and its assets for sale last November. As an adviser to the Teamsters union, Harry... View Details

Keywords: Food Manufacturing; Manufacturing; Transportation Equipment Manufacturing; Manufacturing; Management, Scientific, and Technical Consulting Services; Professional Services

17 Apr 2020
News

Decreasing the Wealth Gap

need—took a moment to share his thoughts with NPR’s Morning Edition on how the ever-increasing wealth gap could be addressed as the world’s economies grapple with the social and economic effects of the Coronavirus pandemic. “There’s a wonderful opportunity here, if we... View Details

20 Feb 2013
Research & Ideas

Big Deal: Reflections on the Megamerger of American and US Airways

selling assets, generating additional cash for the company and giving it more flexibility to restructure its operations. Under Section 363 of the Bankruptcy Code, assets can be sold by a court order, without... View Details

Keywords: Re: Rosabeth M. Kanter & Stuart C. Gilson; Air Transportation

25 Apr 2014
Research & Ideas

To Pay or Not to Pay: Argentina and the International Debt Market

and on future restructurings in general. In the current global environment, where trouble in emerging market economies is setting off worldwide alarms and stock market unease, is Argentina setting precedents that will make it grueling, if... View Details

Keywords: by Laura Alfaro

01 Dec 2002
News

Faculty Updates

Change (2000). He led the development of the School's first required course in human resource management in the 1980s and then cowrote Managing Human Assets (1984), the first book to frame human resource management as a general management... View Details

29 Mar 2011
First Look

First Look: March 29

http://www.francescagino.com/uploads/4/7/4/7/4747506/gino_shea_deception_chapter_2012.pdf Stock Price Fragility Authors:Robin Greenwood and David Thesmar Publication:Journal of Financial Economics (forthcoming) Abstract We investigate the relationship between ownership... View Details

Keywords: Sean Silverthorne

29 Jan 2015
Op-Ed

The Fall of Greece

the liability side of the economy by pressuring to restructure the debt etc.. I am incredibly worried that it will cause significant damage on the asset side of the economy by destroying any emerging effort... View Details

Keywords: by George Serafeim

Profile

Alex Slusky

guiding new enterprises through slow periods. “There were plenty of VC firms,” says Alex, “but not private equity firms that had deep technology expertise that could be used to restructure and turn around companies that had fallen on hard... View Details

10 Feb 2015
First Look

First Look: February 10

315-060 The Basic LCA Framework No abstract available. Purchase this case: https://cb.hbsp.harvard.edu/cbmp/product/315060-PDF-ENG Harvard Business School Case 214-055 Restructuring JAL Hideo Seto, the recently appointed chairman of the... View Details

Keywords: Sean Silverthorne