The newly appointed Director General of the important high-tech companies in Thailand to lead the company through a complex debt restructuring. In connection with the collapse of the Thai currency, the debt burden of the company, like most Thai companies has increased dramatically since it borrowed heavily in U.S. dollars. CEO who is a U.S. citizen, should restructure the company in the newly revised and largely untested, new Thai bankruptcy law. The new law allows troubled companies to reorganize their businesses after the approach is similar, but not identical, which is practiced in the United States under Chapter 11 of the Bankruptcy Code. "Hide
by Stuart C. Gilson, Perry L. Fagan, C. Fritz Foley Source: Harvard Business School 30 pages. Publication Date: February 2, 2000. Prod. #: 200004-PDF-ENG
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