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Case Study 3: Waterford Wedgwood plc

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Part of the Palgrave Studies in Governance, Leadership and Responsibility book series (PSGLR)

Abstract

Waterford Wedgwood plc is a case study of a large public company that was subject to a formal insolvency regime. The company was a parent company with UK and non-UK subsidiaries. All of its non-UK subsidiaries entered receivership but its only UK main subsidiary, Waterford Wedgwood UK plc, entered administration. This case study relates to attempts at informal rescue of the parent company and the three-year rescue process attempt at its UK main subsidiary between January 2008 and April 2011, at which point the UK subsidiary entered creditors’ voluntary liquidation. This case study covers a one-year informal rescue process starting on January 5, 2008, and a two-year formal rescue process between January 5, 2009, and April 26, 2011, during which the company was subject to administration.

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  • DOI: 10.1007/978-3-319-77110-6_9
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Parkinson, M.M. (2018). Case Study 3: Waterford Wedgwood plc. In: Corporate Governance in Transition. Palgrave Studies in Governance, Leadership and Responsibility. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-77110-6_9

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