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Abridged version
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Reference no. 9-410-083
Published by: Harvard Business Publishing
Originally published in: 2010
Version: 1 June 2010
Length: 10 pages
Data source: Published sources

Abstract

CEO Aaron Feuerstein of Malden Mills decided to pay idled workers after a massive fire at his mill in 1995. Focuses on the decisions made post-fire and the rebuilding process and eventual bankruptcy of the company. Also outlines creditors' struggle to decide whether to lend Feuerstein additional funds to enable him to regain control of the company after emerging from bankruptcy.
Industry:
Size:
1500
Other setting(s):
1995-2003

About

Abstract

CEO Aaron Feuerstein of Malden Mills decided to pay idled workers after a massive fire at his mill in 1995. Focuses on the decisions made post-fire and the rebuilding process and eventual bankruptcy of the company. Also outlines creditors' struggle to decide whether to lend Feuerstein additional funds to enable him to regain control of the company after emerging from bankruptcy.

Settings

Industry:
Size:
1500
Other setting(s):
1995-2003

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