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Competition Details

Introduction

Welcome to the American Bankruptcy Institute/Kellogg School of Management Corporate Restructuring Competition. The purpose of the competition is to provide an opportunity for students from leading business schools to solve a hypothetical realistic business case of a distressed company, before an audience of experts in the turnaround/crisis management/restructuring industries.

The competition is co-sponsored by one of the nation’s elite business schools and the premier educational institute in the field of insolvency, and one of the largest and most active investment bank in the restructuring arena.

In addition to the case presentations, there will be a sponsored networking cocktail reception, a dinner with a prominent keynote speaker and an awards luncheon following the Final Round of the competition.

The interaction between student teams and industry professionals will contribute to student development and to the professionalism of turnaround/crisis management.

How to Enter

Please contact Shannon Nelligan at ABI, (703) 739-0800 or snelligan@abiworld.org

Where and When

The case competition will occur at Wieboldt Hall (340 East Superior Street; Chicago) Kellogg School of Management on the Chicago campus of Northwestern University in Chicago, Illinois, November 6-7, 2008. Lodging will be provided at the Westin Michigan Avenue (909 N. Michigan Ave; Chicago, IL 60611).

Those who enter will receive the case vehicle/problem one (1) week before the competition.

Team prizes

In addition to team and individual trophies, there will be cash prizes awarded for the top four teams in the competition.

First place: $5,000
Second place: $3,000
Third place: $1,750
Fourth place: $1,250

The first-place team earns a space on the Bettina M. Whyte Trophy, permanently housed at the ABI.

2007 Schedule

Thursday, November 6

4:00–6:00 pm: ABI registration desk open
5:00–6:00 pm: Welcome reception at the Westin Michigan Avenue
6:00–10:00 pm: Dinner with Chicago Bankruptcy judges, ABI members and guests at the Westin Michigan Avenue

Friday, November 7

7:30–8:45 am: Breakfast - draw for team numbers
9:00–10:00 am: Round 1 - Teams 1 though 6
10:00–10:30 am: Judges' feedback - Round 1 - Teams 1 through 6
10:45–11:45 am: Round 1 - Teams 7 though 12
11:45–12:15 am: Judges' feedback - Round 1 - Teams 7 through 12
12:15–1:45 pm: Luncheon
2:00–3:00 pm: Round 2 - Teams 1 though 6
3:00–3:30 pm: Judges, feedback - Round 2 - Teams 1 through 6
3:45–4:45 pm: Round 2 - Teams 7 though 12
4:45–5:15 pm: Judges', feedback - Round 2 - Teams 7 through 12
5:30–6:30 pm: Judges-only discussion session

Fees and Costs

Entrance Fee: $100 per team
Lodging: included
Meals: included
Travel: responsibility of each participating team