Please read the case study https://drive.google.com/file/d/1o3MO1qwXKM726-NPxV2ZQNmN5ILuCQ0S/view?usp=sharing

1.Summarize key data from Exhibit 1, 2, 3, 4, 9. What symptoms of financial distress does Massey-Ferguson display?

2.Summarize Exhibit 6 to show how Massey-Ferguson has performed relative to competitors. What theory of capital structure is most associated with MF? Explain.

3.Is Massey-Ferguson better suited for a private workout or should they file for formal protection under Chapter 11?(Exhibit 5, 7, 8)

4.Provide the specifics for the workout (private or Chapter 11) you recommend. How will the absolute priority rule be tested?

5.What can be done to pressure hold-out stakeholders to make a deal?