CEO Aaron Feuerstein of Malden Mills decided to pay idle workers after a massive fire in his mill in 1995. Focuses taken post-fire and the reconstruction process, and finally to the bankruptcy of the company decisions. Also outlined creditors struggle to decide whether flint borrow additional funds so that he regain control of the company after emerging from bankruptcy.

CEO Aaron Feuerstein of Malden Mills decided to pay idle workers after a massive fire in his mill in 1995. Focuses taken post-fire and the reconstruction process, and finally to the bankruptcy of the company decisions. Also outlined creditors struggle to decide whether flint borrow additional funds so that he regain control of the company after emerging from bankruptcy.
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from
Nitin Nohria,
Thomas R. Piper,
Bridget Gurtler
Source: Harvard Business School
16 pages.
Release Date: 10 December 2003. Prod #: 404072-PDF-ENG
Malden Mills (A) HBR case solution