Corporate Reorganization as Corporate Reinvention: Borders and Blockbuster in Chapter 11

Harvard Business Law Review Online, Vol. 1, No. 53, 2011

3 Pages Posted: 12 Oct 2011

Date Written: March 17, 2011

Abstract

At its heart, Chapter 11 is supposed to be about giving struggling businesses a new beginning, predicated on the idea that 'a failing business can be reshaped into a successful operation . . . a predictable creation from a people whose majority religion embraces the idea of life from death and whose central myth is the pioneer making a fresh start on the boundless prairie.' However, major Chapter 11 cases filed in the past few months, and the subsequent discussions they provoked, raise a new question to peruse: how new should the new beginning be - how fresh the fresh start?

Keywords: Chapter 11, bankruptcy, reorganization, borders, blockbuster, netflix

JEL Classification: K20

Suggested Citation

Lee, Ruth Sarah, Corporate Reorganization as Corporate Reinvention: Borders and Blockbuster in Chapter 11 (March 17, 2011). Harvard Business Law Review Online, Vol. 1, No. 53, 2011, Available at SSRN: https://ssrn.com/abstract=1942126

Ruth Sarah Lee (Contact Author)

Harvard Law School ( email )

1563 Massachusetts Ave
Cambridge, MA 02138
United States

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