Abstract

LOPEZ AVILA, CÉSAR OMAR; TURBAY VARONA, MARÍA VIRGINIA; ZUNIGA MOLANO, CÉSAR AUGUSTO  and  ZAPATA TRUJILLO, FEDERICO. Restructuring Three Banda. estud.gerenc. [online]. 2008, vol.24, n.107, pp.163-180. ISSN 0123-5923.

This case describes the situation of Icobandas S. A., a Colombian company founded in 1973, producer and seller of transporting and transmission bands. This company is well known for its excellent product quality and super technical assistance, gaining recognition and market share in the domestic and Latin America market. The firm was affected by several factors that in the 90’s led the company to a crisis in which the only solution was a Corporate Restructuring agreement. For analysts, a Restructuring agreement (Law 550/99) does not necessarily mean the recovery of any organization if it is not combined with different management tools. The case asks the reader to conduct a comprehensive analysis (macroeconomic, financial, administrative, logistical, human capital, among others) to propose a strategy with three components leading to a solution that minimizes risk and benefits all stake holders.

Keywords : Crisis corporate; restructuring firms; valuation; rubber industry.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )