Business Case Studies & Business Publications

Horizon Lines, Inc.

Eades, Kenneth M.,...

Case

Horizon Lines, Inc.

Eades, Kenneth M.; Hake, Daniel

F-1668 | Published June 20, 2012 | 13 pages Case

Collection: Darden School of Business

Product Details

It is recommended that this case be taught either just before or just after another Chapter 11 case. Students must to decide whether Horizon Lines should seek Chapter 11 protection or attempt a voluntary financial restructuring. Students have a wide range of financial restructuring alternatives to consider that should give them an appreciation of the advantages and disadvantages faced by a firm choosing to use the bankruptcy court. The case also is best taught to experienced students who understand corporate finance fundamentals and, in particular, grasp the principes of valuation and capital structure.