Corporate Restructuring for Distressed Firms

2 credits · Owen Graduate School of Management

This course provides a general understanding of a variety of financial restructuring and reorganization techniques. Every topic describes a transaction that restructures or reorganizes the firm in some particular way. The specific objectives of the course include (1) to build a framework for analyzing various corporate restructuring transactions primarily through techniques of financial analysis, (2) to provide a broad overview of corporate restructuring approaches which can then be critically applied to solve business problems, and (3) to establish an economic perspective from which to assess the corporate and social consequences of alternative corporate restructuring and reorganization techniques. To fully understand financial and economic aspects of the bankruptcy process, we will also examine the legal framework created by the Bankruptcy Code. This link is important because the Code exerts an important influence on the behavior of corporate managers in financially distressed corporations. Prerequisite: MGT 6431. Short course. [2]