Creating Value through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups (Wiley Finance) - Hardcover

Gilson, Stuart C.

Hardcover

ISBN 10: 0471405590 ISBN 13: 9780471405597

Publisher: John Wiley & Sons, 2001

Synopsis

A collection of case studies illustrates real–world techniques, implementation, and strategies on corporate restructuring
Over the period 1981–1998, public companies with combined assets of over half a trillion dollars filed for Chapter 11 bankruptcy. Over the same period, over 400 public companies underwent corporate spin–offs, divesting businesses valued at more than $250 billion. Each of these companies, and all of these dollars, were in some way or another involved in corporate restructuring. Gilson′s cases studies have been used extensively in executive programs and are perfect tools to refer to when faced with real–world corporate restructuring issues.
Stuart C. Gilson (Boston, MA) is an Associate Professor at Harvard University and a widely acknowledged expert on corporate restructuring. He has studied and published on the intricacies of both domestic and international corporate restructuring.

About this title

Review:

"Gilson reminds readers that the devil is truly in the details, filling the 516–page text with real and specific financial data, flow charts, and statistics to illuminate each case. A portable version of Gilson′s course, Creating Value through Corporate Restructuring gives readers the chance to learn the intricacies of this increasingly critical management process in today′s volatile business climate." (The Harvard Business School Bulletin, December 2001)

The information provided in Gilson’s book is the next best thing to being there. For those of us who are outside the major industrial and business centers and deal with smaller corporate bankruptcies, the book provides a useful source of information for creative solutions. The level of detail in the book is exceptional. . . . Gilson gives a sense of the maneuvering that occurs behind the scenes in every workout and bankruptcy case. (American Bankruptcy Institute Journal)

From the Back Cover:

Praise for Creating Value through Corporate Restructuring

"A helpful reference guide for managers facing the complex operational and financial issues raised in today′s competitive environment. Gilson′s case studies provide a real–world context against which corporate leaders can plan their restructuring strategies."–Arthur B. Newman, Senior Managing Director, The Blackstone Group

"Stuart Gilson′s analytical case studies have demystified the battle of enterprise valuations in financial distress and buyout situations. It is a must–read for understanding the restructuring and buyout arena. I highly recommend this book."–Harvey R. Miller, Senior Partner and Chair of the Business, Finance, and Restructuring Department, Weil, Gotshal & Manges LLP

"The economically pivotal process has never before received such a rigorous and well–rounded treatment. Gilson goes far beyond the legal framework of bankruptcy resolution to show how industry–specific factors, conflicting creditor claims, and negotiating stratagems all determine a financially strained company′s fate. Readers of Creating Value through Corporate Restructuring will gain wisdom that could otherwise be obtained only through many years of direct experience in the field."–Martin S. Fridson, Chief High–Yield Strategist, Merrill Lynch & Co., Inc.

"Creating Value through Corporate Restructuring ably describes the importance and difficulty of designing, executing, and marketing restructuring strategies. The case study format offers the reader an inside look at the real world of corporate restructuring. With this book, Gilson provides a useful blueprint for tackling restructuring challenges."–Jay Alix, Founder and Principal, Jay Alix & Associates

"Stuart Gilson has created a much–needed book for practitioners and professors alike. It should be required reading for MBA and PhD students who need to understand corporate reorganization and crisis management."–Sanford Sigoloff, Chairman, President, and CEO, Sigoloff & Associates, Inc.

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About this edition

• Publisher: John Wiley & Sons
• Publication date: 2001
• ISBN 10: 0471405590
• ISBN 13: 9780471405597
• Binding: Hardcover
• Number of pages: 528