the late 1990s, as various Argentine issuers began defaulting on their obligations, these bondholder rights and protections were tested. It soon became apparent that bondholders were far more vulnerable than originally thought. Highly-publicized reorganization proceedings undertaken by Argentine bond issuers, including In re Central Términal Güemes S.A.3 and In re Supercanal S.A.4, illustrated procedural difficulties encountered by bondholders. Investors found themselves hampered in having their claims
Words: 8733 - Pages: 35
Asian Journal of Technology & Management Research [ISSN: 2249 –0892] Vol. 01 – Issue: 01 (Jan - Jun 2011) CORPORATE RESTRUCTURING - A FINANCIAL STRATEGY Vikas Srivastava1 Ms. Ghausia Mushtaq2 ABSTRACT This paper serves the very purpose of defining the corporate restructuring as a financial strategy adopted towards the financial development and enhancement of an organization suffering from a major set back at any level of operation. Technological advancement and environmental or political
Words: 2710 - Pages: 11
Organizational Change Rodney Hickson BUS610: Organizational Behavior Dr. Brand Bowler February 18, 2013 Change is essential to the longevity of all organizations. Without change a organizations faces the possibly of making their impact in their market place obsolete. But change inside an organization can often cause employees and management to be resistant to change. In many case this can be the result of internal and external factors which can be simplified down to personal and professional
Words: 1120 - Pages: 5
case the court cannot confirm Mr.Friese plan of reorganization. Since none of the creditor has agreed to the term the acceptance method is rejected. In order for the court to use the cram-down provision at least one creditor has to accept the claim of his plan of reorganization. (Cheeseman, 2009). Mr.Friese has plan of reorganization in place however the unsecured creditors do not agree with the terms. No order for the Chapter 11 reorganization to work it must a have the creditor’s best
Words: 328 - Pages: 2
organization. While restructuring Sony, a lot of young blood had been infused into the top management of the company. This was also viewed as a move to break the Japanese tradition of seniority in favor of performance. On the new reorganization, Stringer said, ―This reorganization is designed to transform Sony into a more innovative, integrated, and agile global company with its next generation of leadership firmly in place.‖21 Through its new restructuring efforts, Sony planned to gain a substantial
Words: 832 - Pages: 4
departments will be Chief Financial Officer (CFO), Chief Strategy Officer (CSO) and Chief Informational Officer (CIO). This paper will discuss structural changes, the work to be completed and how this work can be done effectively. Financial Reorganization Currently, the Administration and the Human Resources departments report directly to the Chief Executive Officer. We have proposed a change to the chain of command with Human Resources being combined with the Administration department and have
Words: 886 - Pages: 4
Ateneo de Davao University In Partial Fulfillment of the Requirements in Communication Arts MA 300 Full Written Analysis of the Case on St. Francis College of Commerce Analine R. Evangelista Kristel Mae D. Magsipoc Hadriza S. Omar Juella M. Laguna September 22, 2012 I. Summary St. Francis University was a medium-sized private University, located in a major port city in Visayas. The University is well known for its engineering and Science degree courses
Words: 2550 - Pages: 11
liabilities and $224 million, or $0.31 per share, from a reduction in reorganization liabilities. Excluding these benefits, diluted EPS for the second quarter last year were $1.00. Operating income for the quarter was $951 million, or 13.3 percent of net revenues, compared with $1.16 billion, or 16.5 percent of net revenues, for the second quarter last year, which included the benefit of $224 million from the reduction in reorganization liabilities. Excluding the benefit, operating income for the second
Words: 5814 - Pages: 24
hrmn 400 | ASSIGNMENT 4 FINAL ASSESSMENT | Southwest Airlines Case Study | | Temony McNeil | 3/9/2014 | | Introduction Southwest Airlines is a very aggressive company striving to increase its competitive advantage in the market without compromising the core values that have been set to differentiate itself from its competitors. It’s only by keeping the values of working hard, having fun, and treating everyone with respect that Southwest Airlines and its affiliates will continue to be an
Words: 1803 - Pages: 8
STRUCTURAL TRANSFORMATION THROUGH E-BUSINESS FedEx CORP.: FedEx Overview Founded in 1973 by Fred Smith From an express delivery company to a global logistics and supply-chain management company 1998 acquisition of Caliber systems and development of a powerful technical architecture FedEx was having difficulties about the company image THE EXPRESS TRANSPORTATION AND LOGISTICS express The growth of the INDUSTRY transportation and logistics industry… • Globalization emerging new
Words: 830 - Pages: 4
