In December 2003, Foster Wheeler Ltd, a publicly traded global company with design and construction of large capital requirements, was on the verge of bankruptcy. In the midst of restructuring efforts, it has accumulated shareholder deficit of $ 872 million. Looking ahead, the control he had to decide whether to continue to Chapter 11 bankruptcy and how to approach the ongoing negotiations with the creditors of the company. "Hide
by Matthias Hild Source: Darden School of Business 7 pages. Publication Date: September 13, 2004. Prod. #: UV3875-PDF-ENG