The prestigious ABI Corporate Restructuring Competition provides students from leading business schools an opportunity to solve a hypothetical realistic business case of a distressed company before an audience of experts in the turnaround/crisis management/restructuring industries. In addition to the case presentations, there will be a sponsored networking cocktail reception and a dinner, with keynote remarks by Hon. Marjorie Rendell, a federal judge on the U.S. Court of Appeals for the Third Circuit and a former first lady of Pennsylvania.
The teams are competing for the Bettina M. Whyte Trophy - a beautiful etched crystal vase named to honor a past ABI President and leading restructuring professional with Alvarez & Marsal. Past winners include teams from Columbia Business School, The Wharton School, Northwestern University Kellogg Graduate School of Management, New York University Leonard N. Stern School of Business, the Stanford Graduate Business School and Dartmouth College Tuck School of Business. Other competitors include Duke University Fuqua School of Business, Illinois College of Business, University of California – Berkeley Haas School of Management, University of Chicago Booth School of Business and the Yale School of Management.
The annual CRC Reception and Dinner is the networking event of the season and will be attended by leading practitioners, U.S. bankruptcy court judges and participants from ABI’s Complex Financial Restructuring Program. This valuable interaction between student teams and industry professionals contributes to student development and to the professionalism of turnaround/crisis management.