Year of Award
Master of Business Administration (MBA)
College of Business & Professional Studies
corporate reorganization, organization, creditors, debts
Chapter XI Bankruptcy has the power to give life to a dying company. In some cases bankruptcy extends a company's .life by forcing creditors and owners to settle previous obligations and to reorganize the firm into a healthier enterprise. In some cases bankruptcy gives life when a company threatens to file for bankruptcy court protection and is then given extra time to put its affairs in order by creditors who want to keep the matter out of court.
This thesis will attempt to show the reader that in three different landmark cases, Texaco, Inc., Continental Airlines, and Johns—Manville Corporation, Chapter XI Bankruptcy was used as a managerial tool for corporate restructuring.
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Bryant, Joseph David, "A Study of Bankruptcy Reorganization as a Managerial Tool for Corporate Restructuring" (1989). Theses, Dissertations, and Capstone Projects. 466.
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