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(Revised from original 1996 version)
Eric Wood (B)
Describes Eric's purchase of the much larger Shaw Co. Describes the operating and financial problems that ensue, leaving Eric considering the option of bankruptcy. Issues include the overlap of business and personal finances, as well as the mechanics and implications of bankruptcy.
Hart, Myra M. "Eric Wood (B)." Harvard Business School Case 897-075, April 2004. (Revised from original October 1996 version.)