More from these Authors

• Teaching Note | HBS Case Collection | 2013 (Revised from original 2012 version)

  Innovating into Active ETFs: Factor Funds Capital Management LLC (TN)

  Lauren Cohen, Kenneth Froot and Timothy Gray

  Citation:

  Cohen, Lauren, Kenneth Froot, and Timothy Gray. "Innovating into Active ETFs: Factor Funds Capital Management LLC (TN)." Harvard Business School Teaching Note 212-085, February 2013. (Revised from original May 2012 version.)

  CiteView DetailsPurchase

  Related

• Supplement | HBS Case Collection | 2012 (Revised from original 2005 version)

  UAL 2004: Pulling Out of Bankruptcy (CW)

  Daniel Baird Bergstresser, Kenneth A. Froot and Darren Robert Smart

  UAL is a large air transportation company with roots that go back to the 1920s. As a legacy carrier, going back to before the 1978 deregulation of air transportation markets, United Airlines is burdened with cost structures that make it difficult to compete with newer competitors. In addition, UAL has the burden of $7.6 billion in unfunded pension obligations and $2 billion in unfunded retiree health obligations. In June 2004, UAL is still operating under Chapter 11 bankruptcy protection, which began December 2002. It has needed extensions of the exclusivity period from the bankruptcy court. UAL's plan of reorganization is predicated on receiving $1.8 billion in loan guarantees from the Air Transport Stabilization Board (ATSB). But its request for loan guarantees from the ATSB was recently rejected. The company must decide what to do next and how to emerge from bankruptcy.

  Keywords: bankruptcy; compensation; costs; loans; reorganization; Air Transportation; Insolvency and Bankruptcy; Restructuring; Financing and Loans; Compensation and Benefits; Air Transportation Industry; United States;

  Citation:

  Bergstresser, Daniel Baird, Kenneth A. Froot, and Darren Robert Smart. "UAL 2004: Pulling Out of Bankruptcy (CW)." Harvard Business School Spreadsheet Supplement 205-709, November 2012. (Revised from original February 2005 version.)

  CiteView DetailsPurchase

  Related

• Case | HBS Case Collection | 2012 (Revised from original 2012 version)

  RMS: Investing in Chinese Timberland

  Andre F. Perold

  The protagonist is considering acquiring a timber property located in rural China, a region where almost no timberland investment has taken place. The question is how to value the property, including understanding the appropriate risk-adjusted return.

  Keywords: China;

  Citation:

  Perold, Andre F. "RMS: Investing in Chinese Timberland." Harvard Business School Case 213-002, July 2012. (Revised from original July 2012 version.)

  CiteView DetailsPurchase

  Related