Creating Value through Corporate Restructuring - Case Studies in Bankruptcies, buyouts and breakups.

A valuable study of the US solution for helping businesses ride out economic shocks.

As you would expect from a professor at Harvard Business School, this book has a number of good points. Directed at students, Gilson's use of English is mercifully clear and devoid of academic jargon, while financial terms are concisely explained. It will provide non-US readers with some fascinating insights into the US business world, through the case studies. The book also enables readers the chance to contemplate one of the miracles of the US financial system, Chapter 11 of the bankruptcy code.

Bankruptcies are just one third of the book, but this section is most relevant to Chinese readers, since the whole concept of bankruptcy in China is only just beginning...

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