Case ID: 410083
Abstract:
Case
Solution & Analysis for Malden Mills (A) (Abridged) by Nitin Nohria, Thomas R. Piper
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.
Keywords:
Bank loans, Bankruptcy, Bankruptcy reorganization, Employees, Government policy, Leadership, Social issues, Malden Mills (A) Abridged Case
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