Case | HBS Case Collection | January 2001 (Revised March 2002)

Loewen Group, Inc., The (Abridged)

by Stuart C. Gilson

Abstract

A publicly traded funeral home and cemetery consolidator faces imminent financial distress. The company has grown aggressively through the use of debt. Restructuring the debt is potentially very costly to creditors, shareholders, suppliers, and other corporate stakeholders. Cross-border and accounting issues could complicate the restructuring.

Keywords: International Accounting; Restructuring; Borrowing and Debt; Capital Structure; Cost of Capital; Cross-Cultural and Cross-Border Issues; Crisis Management; Business and Shareholder Relations; Business and Stakeholder Relations; Service Industry;

Citation:

Gilson, Stuart C. "Loewen Group, Inc., The (Abridged)." Harvard Business School Case 201-082, January 2001. (Revised March 2002.)