Discusses the process of bankruptcy reorganization, with an emphasis on evaluation and capital structure. Serves as the basis for a game of bankruptcy reorganization, which has been used for many years in the creation of value through corporate restructuring, the second year of funding the course. In the game in Chapter 11, after previous efforts to complete out-of-court restructuring failed. Students are divided into five groups claimholder - holders of secured debt, unsecured senior debt holders, etc. - And these groups are led by bankruptcy judge must negotiate a satisfactory plan of reorganization or incur significant additional losses due to the liquidation. Provides background information on the history of the State of Delaware, prospects, financial condition and the need to play games. Rewritten version of the previous case. "Hide
by Ronald Moore Source: Harvard Business School 17 pages. Publication Date: December 17, 2004. Prod. #: 205047-PDF-ENG
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