Case | HBS Case Collection | March 2010 (Revised June 2010)

Malden Mills (A) (Abridged)

by Nitin Nohria and Thomas R. Piper

Abstract

CEO Aaron Feuerstein of Malden Mills decided to pay idled workers after a massive fire at his mill in 1995. Focuses on the decisions made post-fire and the rebuilding process and eventual bankruptcy of the company. Also outlines creditors' struggle to decide whether to lend Feuerstein additional funds to enable him to regain control of the company after emerging from bankruptcy.

Keywords: Insolvency and Bankruptcy; Financing and Loans; Employees; Leadership; Crisis Management; Social Issues; Manufacturing Industry; Massachusetts;

Citation:

Nohria, Nitin, and Thomas R. Piper. "Malden Mills (A) (Abridged)." Harvard Business School Case 410-083, March 2010. (Revised June 2010.)