Kaiser Steel entered Chapter 11 bankruptcy in early 1987. Nine months later, it still faces a number of difficult obstacles in the way of reorganization, including legal, environmental liabilities, and pension and health care benefits for retirees. Students were asked to propose a plan of reorganization Kaiser, including business plan, confirmable asset allocation and / or new securities, as well as concrete steps to implement their proposals and bring the company out of Chapter 11. Address conflicts between the contenders for the bankrupt company and the obstacles and opportunities that every applicant U.S. Chapter 11 bankruptcy rules. Can be used with a note of bankruptcy in the United States. "Hide
by Timothy A. Luehrman, William A. Teichner Source: Harvard Business School 19 pages. Publication Date: September 22, 1992. Prod. #: 293019-PDF-ENG