Go to the Web site of a company that has recently emerged from a Chapter 11 bankruptcyfor
Question:
Go to the Web site of a company that has recently emerged from a Chapter 11 bankruptcy—for example, United Airlines (www.united.com), USG Corp. (www.usg.com), or Kaiser Aluminum (www.kaiseral.com). By doing a search of the Web site or by looking at areas of the Web site such as “Investor Information” or “About Us,” what information can you determine about the bankruptcy reorganization plan that was approved?
Then go to the Securities and Exchange Commission Web site (www.sec.gov) and enter the name of the same company in the filings search. What information is available from this source about the bank¬ ruptcy reorganization plan?
Finally, if available, go to an online index or obtain a hard copy index of The Wall Street Journal. Again, search for available information concerning this company’s bankruptcy reorganization plan.
Required LO4 Based on these three searches:
1. What were the main provisions of the bankruptcy reorganization plan that brought the company out of Chapter 11?
2. Which of these three sources provided the best information?
Step by Step Answer:
Advanced Accounting
ISBN: 9780073379456
9th Edition
Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle