Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Version: 1 February 2011
Revision date: 2-Jun-2011
Length: 16 pages
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Abstract
This case describes the events that perpetuated DSC's default only six weeks after closing the facility. Although DSC survived the 1991 default, made significant operational improvements and reduced its financial leverage, the case illustrates the importance of event risk. (See also the companion case, F-1071.) A teaching note is available to registered faculty.
Industry:
Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Version: 02.2011
Revision date: 2-Jun-2011
Length: 5 pages
About
Abstract
This case describes the events that perpetuated DSC's default only six weeks after closing the facility. Although DSC survived the 1991 default, made significant operational improvements and reduced its financial leverage, the case illustrates the importance of event risk. (See also the companion case, F-1071.) A teaching note is available to registered faculty.
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Industry:
Related
Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Version: 02.2011
Revision date: 2-Jun-2011
Length: 5 pages