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.
"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)