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Authors: Steven R Fenster
Published by: Harvard Business Publishing
Originally published in: 1993
Version: 30 November 1993
Revision date: 15-Nov-2021

Abstract

Describes the legal and institutional framework by which troubled companies are dealt with in the United States, United Kingdom, Japan, Germany, and France. Deals with both out-of-court and in-court restructuring. Provides perspective on how approaches for dealing with troubled companies in certain foreign countries vary from US practice. Particularly useful as a companion to cases on foreign companies that undergo restructuring.

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Abstract

Describes the legal and institutional framework by which troubled companies are dealt with in the United States, United Kingdom, Japan, Germany, and France. Deals with both out-of-court and in-court restructuring. Provides perspective on how approaches for dealing with troubled companies in certain foreign countries vary from US practice. Particularly useful as a companion to cases on foreign companies that undergo restructuring.

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