Inside the tent

Article Abstract:

Paul, Albert and Ralph Reichmann are offering banks a share in Olympia and York Developments Ltd in exchange for a five-year freeze on the repayment of $14.3 billion in debt. If accepted, the plan would be the world's largest corporate restructuring.

Holding companies, Olympia and York Developments Ltd., Reichmann, Paul, family

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The risk takers: employees are stepping in where bankers fear to tread to save troubled companies

Article Abstract:

Employee ownership is seen by many as the only way to save a company from moving or from bankruptcy after management has failed to preserve the company. Employees of Canadian Airlines are trying to raise money to purchase the airline.

Airlines, Employee ownership, Corporations, Corporate finance, Canadian Airlines International Ltd.

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